BEIJING (Asian Metal) 18 Jan 23 – Due to the coming Chinese New Year Holiday, the freight industry stopped and Chinese ammonium metavanadate 98%min market mentality fell into a stalemate. Currently, the mainstream prices of Chinese ammonium metavanadate 98%min stand at RMB123,000-125,000/t (USD18.3-18.6/kg) EXW D/P, unchanged from middle last week. Considering that most producers stopped production already and the tight supply in spot market continues, insiders believe that the mainstream prices of Chinese ammonium metavanadate 98%min would stay firm in the coming week.
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