BEIJING (Asian Metal) 5 Dec 22 – Due to the uncertain freight industry caused by COVID-19 control, Chinese ammonium metavanadate producers preferred to hold back from selling and the market mentality went strong slightly during the past week. Currently, the mainstream prices of Chinese ammonium metavanadate 98%min stand at RMB114,000-116,000/t (USD15.8-16.1/kg) EXW D/P, up by RMB1,000/t (USD0.1/kg) from early last week. Considering that few producers would like to loosen their prices and the strong market mentality continues, insiders believe that the mainstream prices of Chinese ammonium metavanadate 98%min would edge up in the coming week.
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