BEIJING (Asian Metal) 15 Feb 23 – In view of the optimistic market expectation, most vanadium pentoxide flake suppliers preferred to hold back from selling during the past week and the market mentality stays solid now. Currently, the mainstream prices of Chinese vanadium pentoxide flake 98%min stand at RMB140,000-142000/t (USD9.6-9.7/lb V2O5) EXW D/A 180 days, unchanged from late last week. Considering that the strong market mentality in spot market continues, insiders believe that the mainstream prices of Chinese vanadium pentoxide flake 98%min would stay firm in the coming week.
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