BEIJING (Asian Metal) 10 Nov 22 – Due to the weak demand from terminal users, some ammonium metavanadate 98%min producers started to loosen their prices to promote sales this week and the market mentality stays weak now. Currently, the mainstream prices of Chinese ammonium metavanadate 98%min stand at RMB115,000-117,000/t (USD15.7-16/kg) EXW D/P, down by RMB1,000/t (USD0.1/kg) from late last week. Considering that inquires in spot market keep rare for the moment, insiders believe that the mainstream prices of Chinese ammonium metavanadate 98%min would keep weak in the coming week.
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