BEIJING (Asian Metal) 26 Oct 23 – Since this week, although the downstream keeps conventional procurement, most producers tend to remain prices stable for shipments considering the sufficient market supply. Therefore, currently mainstream prices for Chinese ammonium metavanadate NH4VO3 98%min, S 0.01%max, P 0.03%max keep stable at RMB87,000-89,000/t (USD11,891-12,164/t) EXW D/P from yesterday. In view of the sufficient supply in the market and stable downstream procurement, most producers are still interested in maintaining current prices for shipments, and insiders expect that mainstream prices for Chinese ammonium metavanadate 98%min would keep flat in the coming week.
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