BEIJING (Asian Metal) 29 Dec 22 – As market inquiries stayed active, Chinese vanadium pentoxide flake market saw optimistic mentality during the past week. At present, the mainstream prices of Chinese vanadium pentoxide flake 98%min stay at RMB125,000-127,000/t (USD8.3-8.4/lb V2O5) EXW D/A 180 days, up by RMB1,000/t (USD0.1/lb V2O5) from late last week. Considering that few producers have inventory pressure for the moment and the tight supply in spot market continues, insiders believe that the mainstream prices of Chinese vanadium pentoxide flake 98%min would move up further in the coming week.
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