BEIJING (Asian Metal) 21 Nov 22 – Due to the weak demand from terminal users and rare inquiries in spot market, Chinese ammonium metavanadate market mentality stayed soft during the past week. Currently, the mainstream prices of Chinese ammonium metavanadate 98%min stand at RMB113,000-115,000/t (USD15.9-16.2/kg) EXW D/P, down by RMB1,000/t (USD0.1/kg) from early last week. Considering that buyers kept reluctant to purchase and the weak market mentality continues, insiders believe that the mainstream prices of Chines ammonium metavanadate 98%min would stay soft in the coming week.
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