Chinese Vanadium Pentoxide Powder Market Keeps Weak

BEIJING (Asian Metal) 27 Apr 22 – As raw material prices keep moving down, vanadium pentoxide powder 99.5%min buyers prefer to delay to purchase and the market mentality stays soft now.¬†Currently, the mainstream prices of Chinese vanadium pentoxide powder 99.5%min stand at RMB155,000-160,000/t (USD10.9-11.2/lb V2O5) EXW D/P, unchanged from early last week.¬†Considering that the freight industry couldn’t operate in normal due to COVID-19 control, insiders believe that the mainstream prices of Chinese vanadium pentoxide flake 99.5%min would stay weak in the coming week.

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