Chinese Vanadium Pentoxide Powder Prices Up

BEIJING (Asian Metal) 31 Aug 22 – Supported by raw material prices up, Chinese vanadium pentoxide powder 99.5%min producers’ mentality went strong during the past week despite the soft demand from terminal users.¬†Currently, the mainstream prices of Chinese vanadium pentoxide powder 99.5%min stand at RMB132,000-137,000/t (USD8.7-9.1/lb V2O5) EXW D/P, up by RMB7,000/t (USD0.5/lb V2O5) from middle last week.¬†Considering that most suppliers prefer to hold back from selling for the moment, insiders believe that the mainstream prices of Chinese vanadium pentoxide powder 99.5%min would move up slightly in the coming week.

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