BEIJING (Asian Metal) 22 Apr 22 – Due to the soft demand from terminal users, Chinese ammonium metavanadate 98%min market mentality stayed soft and most producers held negative attitude during the past week. Currently, the mainstream prices of Chinese ammonium metavanadate 98%min stand at RMB133,000-135,000/t (USD20.9-21.2/kg) EXW D/P, down by RMB1,000/t (USD0.2/kg) from late last week. Considering that the soft market mentality continues, insiders believe that the mainstream prices of Chinese ammonium metavanadate 98%min would move down to around RMB130,000/t (USD20.4/kg) in the coming week.
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