BEIJING (Asian Metal) 22 Apr 22 – Due to COVID-19 control, the freight industry couldn’t operate as normal, Chinese vanadium pentoxide flake 98%min suppliers held back from selling during the past week and market mentality stayed steady. Currently, the mainstream prices of Chinese vanadium pentoxide flake 98%min stand at RMB140,000-142,000/t (USD10.2-10.4/lb V2O5) EXW D/A 180 days, unchanged from late last week. Considering that downstream vanadium alloy prices keep moving down and couldn’t offer effective support now, insiders believe that the mainstream prices of Chinese vanadium pentoxide flake 98%min would stay weak in the coming week.
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