BEIJING (Asian Metal) 19 Apr 22 – As major producers’ long-term agreement prices stayed at a much higher level, no suppliers would like to loosen their prices in spot market to promote sales and Chinese market mentality stayed firm during the past week. Currently, the mainstream prices of Chinese vanadium pentoxide flake 98%min stand at RMB140,000-142,000/t (USD10.2-10.3/lb V2O5) EXW D/A 180 days, the same as early last week. Considering that most suppliers prefer to hold back from selling now, insiders believe that the mainstream prices of Chinese vanadium pentoxide flake 98%min would keep firm in the coming week.
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