BEIJING (Asian Metal) 16 May 23 – As downstream vanadium alloy bidding prices started to move up during the past week, Chinese ammonium metavanadate market mentality turned positive accordingly and no producers chose to loosen their prices anymore. Currently, the mainstream prices of Chinese ammonium metavanadate 98%min stand at RMB95,000-97,000/t (USD13.7-14/kg) EXW D/P, unchanged from late last week. Considering that positive market mentality continues, insiders believe that the mainstream prices of Chinese ammonium metavanadate 98%min would keep solid in the coming week.
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