BEIJING (Asian Metal) 27 Feb 23 – As downstream vanadium product prices stayed weak during the past week, Chinese vanadium pentoxide flake 98%min market mentality kept soft accordingly. 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 early last week. Though inquiries in spot market stay rare, considering that most suppliers prefer to hold back from selling, insiders believe that the mainstream prices of Chinese vanadium pentoxide flake 98%min would stay stable in the coming week.
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