Date: Dec 8, 2017
BEIJING (Asian Metal) 8 Dec 17 – Current mainstream prices for Chinese flake vanadium pentoxide 98%mins stand in a range of RMB130,000-133,000/t EXW D/A 180 days, unchanged from last week. Considering the stable demand of the downstream industry, industry insiders forecasted that price would keep stable in the coming week.
“This week our firm offer for flake vanadium pentoxide 98%mins stand at around RMB130,000/t EXW D/A 180 days, unchanged from last week,” said a producer from North China, who sold 60t of the material at RMB130,000/t EXW D/A 180 days this week and 60t of the material last week also at RMB130,000/t EXW D/A 180 days. The producer believed that the price would stay stable at current level in the coming week.
