Chinese Vanadium Pentoxide Flake Market Sees Positive Mentality

BEIJING (Asian Metal) 31 Jan 23 – In view of the tight supply in spot market, Chinese vanadium pentoxide flake 98%min market sees positive mentality after the Spring Festival long holiday. Currently, the mainstream prices of Chinese vanadium pentoxide flake 98%min stand at RMB129,000-131,000/t (USD8.80-8.94/lb V2O5) EXW D/A 180 days, unchanged from two weeks ago. Considering that the tight supply continues and inquires keep going active, insiders believe that the mainstream prices of Chinese vanadium pentoxide flake 98%min would move up in the coming week.

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