BEIJING (Asian Metal) 17 May 22 – As vanadium alloy price kept moving down, Chinese vanadium pentoxide flake 98%min consumer preferred to watch the market and inquires stayed rare during the past week. Currently, the mainstream prices of Chinese vanadium pentoxide flake 98%min stand at RMB129,000-131,000/t (USD8.8-9/lb V2O5) EXW D/P, down by RMB2,000/t (USD0.1/lb V2O5) from late last week. Considering that the soft market mentality continues, insiders believe that the mainstream prices of Chinese vanadium pentoxide flake 98%min would keep moving down in the coming week.
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