BEIJING (Asian Metal) 20 Dec 22 – As buyers have strong intention to build inventory in December due to the good expectation for economic rise after the Spring Festival, Chinese ammonium metavanadate market sees strong market mentality for the moment. Currently, the mainstream prices of Chinese ammonium metavanadate 98%min stand at RMB116,000-118,000/t (USD16.6-16.9/kg) EXW D/P, up by RMB1,000/t (USD0.1/kg) from early last week. Considering that few producers have inventory for the moment, insiders believe that the mainstream prices of Chinese ammonium metavanadate 98%min would edge up in the coming week.
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