BEIJING (Asian Metal) 8 Dec 22 – Though inquiries in spot market stayed rare during the past week, few vanadium pentoxide powder 99.5%min producers would like to loosen their prices to promote sales due to the solid raw material prices. Currently, the mainstream prices of Chinese vanadium pentoxide powder 99.5%min stand at RMB143,000-148,000/t (USD9.3-9.7/lb Mo) EXW D/P, unchanged from late 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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