BEIJING (Asian Metal) 31 Mar 22 – Due to the weak demand from terminal users, Chinese vanadium pentoxide flake 98%min market mentality went negative during the past week. Currently, the mainstream prices of Chinese vanadium pentoxide flake 98%min stand at RMB143,000-145,000/t (USD10.4-10.6/lb V2O5) EXW D/P, down by RMB2,000/t (USD0.1/lb V2O5) from late last week. Considering that inquiries keep rare now, insiders believe that the mainstream prices of Chinese vanadium pentoxide flake 98%min would move down further in the coming week.
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