Chinese Ammonium Metavanadate Market Keeps Soft

BEIJING (Asian Metal) 7 Apr 22 – Due to the soft demand from terminal users, Chinese ammonium metavanadate 98%min market mentality stayed soft during the past week. Currently, the mainstream prices of Chinese ammonium metavanadate 98%min stand at RMB135,000-137,000/t (USD21.2-21.5/kg) EXW D/P, down by RMB1,000/t (USD0.2/kg) from late last week. Considering that inquires keep rare now, insiders believe that the mainstream prices of Chinese ammonium metavanadate 98%min would stay weak in the coming week.

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