BEIJING (Asian Metal) 1 Aug 23 – Though spot market saw sufficient supply, no suppliers would like to loosen their prices to promote sales and the market mentality stayed in a stalemate over the past week. Currently, the mainstream prices of Chinese vanadium pentoxide flake 98%min stand at RMB106,000-108,000/t (USD6.9-7/lb V2O5) EXW D/A 180 days, unchanged from early last week. Considering that no signs show that the demand could recover, insiders predict that the mainstream prices of Chinese vanadium pentoxide flake 98%min would stay soft in the coming week.
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