BEIJING (Asian Metal) 21 Mar 23 – As downstream vanadium product price stayed soft during the past week, Chinese vanadium pentoxide flake 98%min prices couldn’t get effective support and the market mentality stayed weak accordingly. Currently, the mainstream prices of Chinese vanadium pentoxide flake 98%min stand at RMB138,000-140,000/t (USD9.2-9.3/lb V2O5) EXW D/A 180 days, unchanged from late last week. Considering that most buyers prefer to watch the market and inquiries in spot market stay rare now, insiders believe that the mainstream prices of Chinese vanadium pentoxide flake 98%min would keep soft in the coming week.
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