BEIJING (Asian Metal) 31 May 22 – As Chinese vanadium alloy price kept moving down during the past week, Chinese vanadium pentoxide flake 98%min suppliers held negative attitude accordingly. Currently, the mainstream prices of Chinese vanadium pentoxide flake 98%min stand at RMB113,000-115,000/t (USD7.8-8/lb V2O5) EXW D/P, down by RMB7,000/t (USD0.5/lb V2O5) from early last week. Considering that the soft market mentality continues, insiders believe that the mainstream prices of Chinese vanadium pentoxide flake 98%min would move down to around RMB110,000/t (USD7.6/lb V2O5) in the coming week.
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