BEIJING (Asian Metal) 7 Feb 23 – As most suppliers preferred to hold back from selling, Chinese vanadium pentoxide flake 98%min market saw tight supply and the market mentality kept going strong during the past week. Currently, the mainstream prices of Chinese vanadium pentoxide flake 98%min stand at RMB133,000-135,000/t (USD9.07-9.21/lb V2O5) EXW D/A 180 days, up by RMB3,000/t (USD0.20/lb V2O5) from middle last week. Considering that inquiries in spot market keep active for the moment, insiders believe that the mainstream prices of Chinese vanadium pentoxide flake 98%min would move up further in the coming week.
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