BEIJING (Asian Metal) 23 Feb 23 – As downstream vanadium product prices loosened during the past week, Chinese ammonium metavanadate market mentality turned negative accordingly. Currently, the mainstream prices of Chinese ammonium metavanadate 98%min stand at RMB130,000-132,000/t (USD19.2-19.5/kg) EXW D/P, down by RMB2,000/t (USD0.3/kg) from middle last week. Considering that most buyers prefer to watch the market for the moment, insiders believe that the mainstream prices of Chinese ammonium metavanadate 98%min would stay weak in the coming week.
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