Chinese Vanadium Pentoxide Market Witnesses Firm Mentality

BEIJING (Asian Metal) 12 Apr 22 РAs the freight industry sees growing resistance caused by the new outbreak of COVID-19 in China, no suppliers would like to loosen their prices to promote sales and market mentality stays firm at the moment. At present, the mainstream prices of Chinese vanadium pentoxide flake 98%min stand at RMB140,000-142,000/t (USD10.2-10.4/lb V2O5) EXW D/A 180 days, unchanged from middle last week. Considering that most suppliers prefer to hold their inventory at the moment, insiders believe that the mainstream prices of Chinese vanadium pentoxide flake 98%min would keep firm in the coming week.

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