BEIJING (Asian Metal) 29 Aug 23 – In view of the rare inquiries in spot market, Chinese vanadium pentoxide powder 99.5%min market mentality stayed soft over the past week. Currently, the mainstream prices of Chinese vanadium pentoxide powder 99.5%min stand at RMB123,000-128,000/t (USD7.7-8/lb V2O5) EXW D/P, unchanged from middle last week. Considering that most buyers prefer to watch the market now, insiders believe that the mainstream prices of Chinese vanadium pentoxide powder 99.5%min would edge down in the coming week.
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