BEIJING (Asian Metal) 23 Aug 22 – As consumers reduced consumption due to the soft demand from terminal steel-mills, Chinese vanadium pentoxide flake 98%min market mentality stayed in a stalemate during the past week. Currently, the mainstream prices of Chinese vanadium pentoxide flake 98%min stand at RMB105,000-107,000/t (USD7.2-7.3/lb V2O5) EXW D/A 180 days, unchanged from late last week. Considering that most buyers prefer to watch the market now, insiders believe that the mainstream prices of Chinese vanadium pentoxide flake 98%min would keep stalemate in the following week.
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