BEIJING (Asian Metal) 28 Sep 22 – Supported by firm raw material price, Chinese vanadium pentoxide powder 99.5%min market mentality stayed solid during the past week and most producers preferred to hold back from selling due to the coming National Day Holidays. At present, the mainstream prices of Chinese vanadium pentoxide powder 99.5%min stand at RMB145,000-150,000/t (USD9.5-9.8/lb V2O5) EXW D/P, unchanged from early last week. Considering that the solid market mentality continues, insiders believe that the mainstream prices of Chinese vanadium pentoxide powder 99.5%min would stay firm in the coming week.
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