BEIJING (Asian Metal) 11 Oct 23 – In spite of sufficient supply in the spot market, mainstream prices of Chinese vanadium pentoxide powder V2O5 98%min, Si 0.2%max, Fe 0.2%, P 0.02%max, P 0.03%max stand at RMB89,000-91,000/t (USD12,201-12,475/t) EXW D/P currently, unchanged from yesterday owing to active demand from downstream customers. Despite adequate supply in the spot market, insiders predict that mainstream prices of Chinese vanadium pentoxide powder 98%min would witness no fluctuation within this week as most producers have no intention to cut their prices at the moment.
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