BEIJING (Asian Metal) 12 Sep 23 – In view of weak downstream demand, most producers begin to cut prices for sales from this week. Currently, the mainstream prices of Chinese ammonium metavanadate NH4VO3 98%min, S 0.01%max, P 0.03%max stand at RMB89,000-91,000/t (USD12,210-12,484/t) EXW D/P, down by RMB1,000/t (USD137/t) from late last week. Due to soft downstream demand, insiders expect that the mainstream prices of Chinese ammonium metavanadate still would go down this week.
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