BEIJING (Asian Metal) 28 Apr 22 – As downstream vanadium alloy prices kept moving now, Chinese vanadium pentoxide flake 98%min suppliers held negative attitude during the past week due to lack of support. 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 middle last week. Considering that inquiries from terminal users stay soft now, insiders believe that the mainstream prices of Chinese vanadium pentoxide flake 98%min face huge dropping pressure in the coming week.
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