BEIJING (Asian Metal) 27 Apr 23 – As few vanadium battery enterprises purchased raw material, Chinese vanadium pentoxide powder 99.5%min market mentality maintained soft during the past week. At present, the mainstream prices of Chinese vanadium pentoxide powder 99.5%min stay at RMB130,000-135,000/t (USD8.6-8.9/lb V2O5) EXW D/P, the same as late last week. Considering that most raw material producers would like to loosen their prices to promote sales now, insiders believe that the mainstream prices of Chinese vanadium pentoxide powder 99.5%min would edge down in the coming week.
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