BEIJING (Asian Metal) 7 Nov 22 – In order to guarantee their basic profit, few ammonium metavanadate 98%min producers would like to loosen their prices to promote sales and the market mentality stayed firm during the past week. Currently, the mainstream prices of Chinese ammonium metavanadate 98%min stand at RMB116,000-118,000/t (USD15.9-16.1/kg) EXW D/P, unchanged from early last week. Considering that most buyers prefer to watch the market, insiders believe that the mainstream prices of Chinese ammonium metavanadate 98%min would stay in a stalemate in the coming week.
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