Chinese Vanadium Pentoxide Powder Prices Down

BEIJING (Asian Metal) 17 Nov 22 – Due to the soft demand from terminal users and rare inquires from traders, Chinese vanadium pentoxide powder 99.5%min market mentality stayed soft during the past week. Currently, the mainstream prices of Chinese vanadium pentoxide powder 99.5%min stand at RMB143,000-148,000/t EXW D/P, down by RMB2,000/t from late last week. In view of the quiet market for the moment, insiders believe that the mainstream prices of Chinese vanadium pentoxide powder 99.5%min would stay weak in the coming week.

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