BEIJING (Asian Metal) 9 Aug 22 – Though market inquiries turned active slightly during the past week, no buyers would really purhcase by bulk due to the weak demand from terminal users and Chinese vanadium pentoxide flake 98%min market mentality fell into a stalemate. Currently, the mainstream prices of Chinese vanadium pentoxide flake 98%min stand at RMB100,000-102,000/t (USD6.9-7.0/lb V2O5) EXW D/A 180 days, unchanged from middle last week. Considering that the stalemate market mentaltiy continues, insiders believe that the mainstream prices of Chinese vanadium pentoxide flake 98%min would maintain stalemate in the coming week.
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