BEIJING (Asian Metal) 26 Jul 22 – As downstream vanadium product price kept moving down during the past week, Chinese ammonium metavanadate 98%min market mentality stayed negative accordingly. Currently, the mainstream prices of Chinese ammonium metavanadate 98%min stand at RMB100,000-102,000/t (USD14.8-15.1/kg) EXW D/P, down by RMB3,000/t (USD0.4/kg) from middle last week. Considering that the negative market mentality continues, insiders believe that the mainstream prices of Chinese ammonium metavanadate 98%min would keep declining in the coming week.
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