BEIJING (Asian Metal) 20 Apr 22 – Due to the soft demand from terminal users, Chinese ammonium metavanadate 98%min producers held negative attitude during the past week. At present, the mainstream prices of Chinese ammonium metavanadate 98%min stay at RMB134,000-136,000/t (USD21.2-21.4/kg) EXW D/P, down by RMB1,000/t (USD0.2/kg) from early last week. Considering that downstream vanadium market couldn’t offer effective support for the moment, insiders believe that the mainstream prices of Chinese ammonium metavanadate 98%min would keep weak in the coming week.
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