BEIJING (Asian Metal) 24 May 22 – As Chinese vanadium alloy price keeps dropping during the past week, vanadium pentoxide flake 98%min price couldn’t get effective support and suppliers hold negative attitude now. Currently, the mainstream prices of Chinese vanadium pentoxide flake 98%min stand at RMB120,000-122,000/t (USD8.4-8.5/lb V2O5) EXW D/P, down by RMB1,000/t (USD0.1/lb V2O5) from late last week. Considering that most buyers prefer to watch the market, insiders believe that the mainstream prices of Chinese vanadium pentoxide flake 98%min would drop further in the coming week.
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