BEIJING (Asian Metal) 8 Mar 22 – As international market prices kept soaring, most Chinese vanadium pentoxide flake 98%min suppliers chose to hold back from selling and they held strong bullish attitude during the past week. Currently, the mainstream prices of Chinese vanadium pentoxide flake 98%min stand at RMB143,000-145,000/t (USD10.5-10.7/lb V2O5) EXW D/A 180 days, up by RMB13,000/t (USD1.0/lb V2O5) from early last week. As the bullish market mentality continues, insiders believe that the mainstream prices of Chinese vanadium pentoxide flake 98%min would increase to around RMB150,000/t (USD11.0/lb V2O5) in the coming week.
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