BEIJING (Asian Metal) 27 Apr 22 – As downstream vanadium alloy prices face huge dropping pressure due to the soft demand from terminal users, Chinese vanadium pentoxide flake 98%mim market mentality stays soft now. Currently, the mainstream prices of Chinese vanadium pentoxide flake 98%min stand at RMB138,000-140,000/t (USD9.8-10/lb V2O5) EXW D/A 180 days, down by RMB2,000/t (USD0.1/lb V2O5) from early last week. Considering that the negative market mentality continues, insiders believe that the mainstream prices of Chinese vanadium pentoxide flake 98%min would edge down in the coming week.
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