BEIJING (Asian Metal) 24 Mar 22 – As international market prices stay at a much higher level than domestic market, Chinese vanadium pentoxide flake 98%min consumers’ mentality turns optimistic so far this week. Currently, the mainstream prices of Chinese vanadium pentoxide flake 98%min stand at RMB145,000-147,000/t (USD10.6-10.7/lb V2O5) EXW D/P, up by RMB5,000/t (USD0.4/lb V2O5) from late last week. In view of the bullish market mentality, insiders believe that the mainstream prices of Chinese vanadium pentoxide flake 98%min would edge up in the coming week.
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