Chinese Ammonium Metavanadate Prices Stay Weak

BEIJING (Asian Metal) 4 Aug 22 – Due to the soft demand from terminal users, Chinese ammonium metavanadate 98%min market mentality keeps weak so far this week. Currently, the mainstream prices of Chinese ammonium metavanadate 98%min stand at RMB93,000-95,000/t (USD13.8-14.1/kg) EXW D/P, unchanged from this Monday. Considering that no sings show that the real demand coud grow, insiders believe that the mainstream prices of Chinese ammonium metavanadate 98%min would maintain weak in the following week.

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