BEIJING (Asian Metal) 30 Nov 22 – Due to the uncertain freight industry caused by COVID-19 control, few ammonium metavanadate producers would like to loosen their prices to promote sales and the market mentality stayed solid during the past week. Currently, the mainstream prices of Chinese ammonium metavanadate 98%min stand at RMB113,000-115,000/t (USD15.7-16/kg) EXW D/P, unchanged from late last week. Considering that few producers have inventory pressure for the moment, insiders believe that the mainstream prices of Chinese ammonium metavanadate 98%min would stay firm in the coming week.
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