BEIJING (Asian Metal) 30 Aug 22 – Due to the tight supply in spot market, Chinese vanadium pentoxide flake 98%min market mentality went strongly slightly during the past week. Currently, the mainstream prices of Chinese vanadium pentoxide flake 98%min stand at RMB110,000-112,000/t (USD7.4-7.6/lb V2O5) EXW D/A 180 days, up by RMB2,000/t (USD0.1/lb V2O5) from late last week. In view of the active inquiries in spot market, insiders believe that the mainstream prices of Chinese vanadium pentoxide flake 98%min would move up further in the coming week.
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