BEIJING (Asian Metal) 22 Jun 22 – Though terminal rebar prices kept dropping during the past week, no vanadium pentoxide flake 98%min suppliers chose to loosen their prices to promote sales and the market mentality stayed firm. Currently, the mainstream prices of Chinese vanadium pentoxide flake 98%min stand at RMB120,000-122,000/t (USD8.3-8.5/lb V2O5) EXW D/A 180 days, unchanged from late last week. Considering that few suppliers have inventory pressure now, insiders believe that the mainstream prices of Chinese vanadium pentoxide flake 98%min would stay firm in the coming week.
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