BEIJING (Asian Metal) 6 Dec 22 – Due to the uncertain freight industry caused by COVID-19 control, most ammonium metavanadate producers preferred to hold back from selling and the market mentality stayed positive during the past week. Currently, the mainstream prices of Chinese ammonium metavanadate 98%min stand at RMB115,000-117,000/t (USD16-16.2/kg) EXW D/P, up by RMB1,000/t (USD0.1/kg) from late last week. In view of the tight supply in spot market, insiders believe that the mainstream prices of Chinese ammonium metavanadate 98%min would stay firm in the coming week.
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