BEIJING (Asian Metal) 30 Mar 22 – Due to the soft demand from terminal users, Chinese vanadium pentoxide powder 98%min suppliers held negative attitude during the past week. Currently, the mainstream prices of Chinese vanadium pentoxide powder 98%min stand at RMB143,000-145,000/t (USD10.4-10.6/lb V2O5) EXW D/P, down by RMB1,000/t (USD0.1/lb V2O5) from early last week. In view of the rare inquiries in spot market, insiders believe that the mainstream prices of Chinese vanadium pentoxide powder 98%min would stay soft in the coming week.
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