BEIJING (Asian Metal) 19 May 22 – As vanadium alloy price kept moving down, Chinese vanadium pentoxide flake 98%min consumers preferred to watch the market and the market mentality stayed negative during the past week. Currently, the mainstream prices of Chinese vanadium pentoxide flake 98%min stand at RMB123,000-125,000/t (USD8.5-8.6/lb V2O5) EXW D/A 180 days, down by RMB9,000/t (USD0.6/lb V2O5) from late last week. Considering that inquires stay rare now, 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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