BEIJING (Asian Metal) 6 Jul 22 – As most suppliers preferred to hold back from selling during the past week, Chinese vanadium pentoxide flake 98%min market mentality stayed firm accordingly. Currently, the mainstream prices of Chinese vanadium pentoxide flake 98%min stand at RMB117,000-119,000/t (USD8.1-8.3/lb V2O5) EXW D/P, unchanged from late last week. Considering that the dropping rebar prices couldn’t offer effective support now, insiders believe that the mainstream prices of Chinese vanadium pentoxide flake 98%min would stay in a stalemate in the coming week.
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