Chinese Ammonium Metavanadate Prices Keep Firm

BEIJING (Asian Metal) 28 Sep 22 – Due to the tight supply in spot market, Chinese ammonium metavanadate market mentality stayed firm during the past week. At present, the mainstream prices of Chinese ammonium metavanadate 98%min stand at RMB112,000-114,000/t (USD16-16.3/kg) EXW D/P, unchanged from early last week. Considering that few producers would like to loosen their prices to promote sales due to lack of inventory pressure, insiders believe that the mainstream prices of Chinese ammonium metavanadate 98%min would keep firm in the coming week.

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