Date: Mar 8, 2019
BEIJING (Asian Metal) 8 Mar 19 – Currently, mainstream export prices for Chinese vanadium pentoxide flake 98%min are USD17.
3-17.5/lb V FOB China, down by USD0.2/lb V from last week. The vanadium pentoxide flake export market sees limited transactions with scarce enquiries from overseas buyers. Market participants predicted that export prices for Chinese vanadium pentoxide flake would stand stable in the coming week.
A trader in South China quotes USD17.5/lb V for vanadium pentoxide flake 98%min now and can accept the price of USD17.3/lb V for firm bids, down by USD0.2/lb V from last week.
He noted, “We haven’t received any enquiries for two weeks and few overseas buyers have purchase plans at present, resulting in limited transactions on the market. ” The source last sold 20t of vanadium pentoxide flake 98%min at USD17.2/lb V FOB China in late February. He predicted that export prices for Chinese vanadium pentoxide flake would stay steady in the coming week with weak demand.
