BEIJING (Asian Metal) 28 Jun 22 – As most producers preferred to hold back from selling during the past week, Chinese ammonium metavanadate 98%min market mentality stayed in a stalemate though terminal rebar prices moved down a lot. Currently, the mainstream prices of Chinese ammonium metavanadate 98%min stand at RMB113,000-115,000/t (USD16.9-17.2/kg) EXW D/P, unchanged from early last week. Considering that most buyers prefer to watch the market now, insiders believe that the mainstream prices of Chinese ammonium metavanadate 98%min would stay in a stalemate in the coming week.
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