BEIJING (Asian Metal) 18 Apr 22 – Though downstream vanadium alloy prices keep moving down, no vanadium pentoxide flake 98%min producers loosen their prices to promote sales due to lack of inventory and market mentality stays firm now. Currently, the mainstream prices of Chinese vanadium pentoxide flake 98%min stand at RMB140,000-142,000/t (USD10.2-10.3/lb V2O5) EXW D/A 180 days, unchanged from early last week. Considering that the firm mentality continues, insiders believe that the mainstream prices of Chinese vanadium pentoxide flake 98%min would stay firm in the coming week.
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