BEIJING (Asian Metal) 22 Nov 22 – Though most ammonium metavanadate producers prefer to hold back from selling for the moment, few buyers would like to build inventory either. The market mentality falls into a stalemate. Currently, the mainstream prices of Chinese ammonium metavanadate 98%min stand at RMB113,000-115,000/t (USD15.8-16.1/kg) EXW D/P, down by RMB1,000/t (USD0.1/kg) from early last week. Considering that inquires in spot market stay rare now, insiders believe that the mainstream prices of Chines ammonium metavanadate 98%min would stay in a stalemate in the coming week.
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