BEIJING (Asian Metal) 9 Aug 23 – Due to the weak demand, Chinese vanadium pentoxide powder 99.5%min market mentality stayed negative over the past week and producers had to loosen their prices to promote sales. Currently, the mainstream prices of Chinese vanadium pentoxide powder 99.5%min stand at RMB125,000-130,000/t (USD7.9-8.2/lb V2O5) EXW D/P, down by RMB1,000/t (USD0.1/lb V2O5) from early last week. Considering that market inquiries in spot market keep rare, insiders expect that the mainstream prices of Chinese vanadium pentoxide powder 99.5%min would move down slightly in the coming week.
Please visit for more information https://www.asianmetal.com/news/1971551/Chinese-vanadium-pentoxide-powder-prices-edge-down/14
