BEIJING (Asian Metal) 17 Mar 22 – As downstream vanadium product price moved down, Chinese ammonium metavanadate 98%min market price lost its support and market mentality turned weak so far this week. Currently, the mainstream prices of Chinese ammonium metavanadate 98%min stand at RMB141,000-143,000/t (USD22.2-22.5/kg) EXW D/P, down by RMB2,000/t (USD0.3/kg) from late last week. Considering that most consumers prefer to watch the market now, insiders believe that the mainstream prices of Chinese ammonium metavanadate 98%min would edge down in the coming week.
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