BEIJING (Asian Metal) 25 Mar 22 – As raw material price stayed in a stalemate, Chinese vanadium pentoxide powder 99.5%min consumers preferred to watch the market and market mentality stayed steady during the past week. Currently, the mainstream prices of Chinese vanadium pentoxide powder 99.5%min stand at RMB165,000-170,000/t (USD11.9-12.2/lb V2O5) EXW D/P, unchanged from late last week. Considering that market inquires stay rare at the moment, insiders believe that the mainstream prices of Chinese vanadium pentoxide powder 99.5%min would stay in a stalemate in the coming week.
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