BEIJING (Asian Metal) 6 Sep 22 – Due to the tight supply in spot market, Chinese vanadium pentoxide flake 98%min market mentality stayed firm during the past week. Currently, the mainstream prices of Chinese vanadium pentoxide flake 98%min stand at RMB110,000-112,000/t (USD7.4-7.5/lb V2O5) EXW D/A 180 days, unchanged from middle last week. Considering that few producers have inventory pressure for the moment, insiders believe that the mainstream prices of Chinese vanadium pentoxide flake 98%min would keep firm in the coming week.
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