BEIJING (Asian Metal) 11 Aug 22 – As raw material prices moved up slightly during the past week, Chinese vanadium pentoxide powder 99.5%min market mentality went strong accordingly. Currently, the mainstream prices of Chinese vanadium pentoxide powder 99.5%min stand at RMB123,000-128,000/t (USD8.3-8.7/lb V2O5) EXW D/P, up by RMB3,000/t (USD0.2/lb V2O5) from late last week. Considering that most buyers prefer to watch the market now, insiders believe that the mainstream prices of Chinese vanadium pentoxide powder 99.5%min would stay in a stalemate in the coming week.
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