BEIJING (Asian Metal) 8 Aug 22 – Though inquiries from traders went active slighly during the past week, few terminal users would like to add their inventory. Most insiders preferred to watch the market and the market mentality stayed in a stalemate. Currently, the mainstream prices of Chinese ammonium metavanadate 98%min stand at RMB93,000-95,000/t (USD13.8-14.1/kg) EXW D/P, unchanged from early last week. Considering that market prices almost stayed at the same line with most producers’ production cost, insiders believe that the mainstream prices of Chinese ammonium metavanadate 98%min would stay in a staleamte in the coming week.
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