BEIJING (Asian Metal) 15 Aug 23 – Due to the sufficient supply, Chinese vanadium pentoxide flake 98%min market mentality kept negative over the past week. At present, the mainstream prices of Chinese vanadium pentoxide flake 98%min stand at RMB105,500-107,500/t (USD6.7-6.9/lb V2O5) EXW D/A 180 days, unchanged from early last week. Considering that downstream vanadium alloy market couldn’t offer any effect support now, insiders believe that the mainstream prices of Chinese vanadium pentoxide flake 98%min would stay weak in coming week.
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