BEIJING (Asian Metal) 3 Feb 23 – As few suppliers have inventory pressure, Chinese ammonium metavanadate producers hold positive mentality this week. Currently, the mainstream prices of Chinese ammonium metavanadate 98%min stand at RMB124,000-126,000/t (USD18.3-18.6/kg) EXW D/P, up by RMB1,000/t (USD0.1/kg) from this Monday. Considering that inquiries in spot market stay active for the moment, insiders believe that the mainstream prices of Chinese ammonium metavanadate 98%min would increase slightly in the coming week.
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