BEIJING (Asian Metal) 25 May 22 – As vanadium alloy market prices kept dropping during the past week, ammonium metavanadate 98%min buyers prefer to watch the market and inquiries stay rare now. Currently, the mainstream prices of Chinese ammonium metavanadate 98%min stand at RMB113,000-115,000/t (USD17-17.3/kg) EXW D/P, down by RMB5,000/t (USD0.8/kg) from late last week. Considering that most producers hold negative attitude at the moment, insiders believe that the mainstream prices of Chinese ammonium metavanadate 98%min would drop below RMB110,000/t (USD16.5/kg) in the coming week.
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