BEIJING (Asian Metal) 17 Aug 23 – Due to the weak demand, Chinese vanadium pentoxide powder 99.5%min market mentality maintained soft over the past week. 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, unchanged from late last week. Considering that the rare inquiries in spot market continues, insiders predict that the mainstream prices of Chinese vanadium pentoxide powder 99.5%min would stay weak in the following week.
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