BEIJING (Asian Metal) 29 Aug 22 – As most producers preferred to hold back from selling during the past week, Chinese vanadium pentoxide flake 98%min market saw tight supply and consumers actively increased their target price to build inventory. Currently, the mainstream prices of Chinese vanadium pentoxide flake 98%min stand at RMB108,000-110,000/t (USD7.3-7.4/lb V2O5) EXW D/A 180 days, up by RMB3,000/t (USD0.2/lb V2O5) from early last week. Considering that inquiries in spot market keep growing, insiders believe that the mainstream prices of Chinese vanadium pentoxide flake 98%min would keep moving up in the coming week.
Please visit more information https://www.asianmetal.com/news/1846781/Chinese-vanadium-pentoxide-flake-market-witnesses-tight-supply/14
