Chinese Vanadium Pentoxide Flake Prices Keep Firm

BEIJING (Asian Metal) 12 Oct 22 – As most producers held back from selling due to lack of inventory pressure, Chinese vanadium pentoxide flake 98%min market mentality stayed firm so far this month. Currently, the mainstream prices of Chinese vanadium pentoxide flake 98%min stand at RMB118,000-120,000/t (USD7.61-7.74/lb V2O5) EXW D/A 180 days, unchanged from late last month. Considering that the solid market mentality continues, insiders expect that the mainstream prices of Chinese vanadium pentoxide flake 98%min would keep firm in the coming week.3

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