BEIJING (Asian Metal) 9 Mar 22 – Encouraged by the active inquiries from ferrovanadium 80%min producers, Chinese vanadium pentoxide flake 98%min suppliers prefer to hold back from selling and market sees bullish mentality now. Currently, the mainstream prices of Chinese vanadium pentoxide flake 98%min stand at RMB147,000-149,000/t (USD10.8-11.0/lb V2O5) EXW D/A 180 days, up by RMB15,000/t (USD1.1/lb V2O5) from middle last week. As the bullish market mentality continues, insiders believe that the mainstream prices of Chinese vanadium pentoxide flake 98%min would increase further in the coming week.
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