BEIJING (Asian Metal) 5 Sep 23 – Although the market saw rare deals in the past week, most producers still maintained stable prices, supported by costs. Currently, the mainstream prices of Chinese vanadium pentoxide powder V2O5 98%min, Si 0.2%max, Fe 0.2%max, P 0.03%max stood at RMB97,000-99,000/t (USD13,337-13,612/t) EXW D/P, in line with late last week. Although most producers do not intend to reduce the prices, dragged by weak demand, insiders predict that the mainstream prices of Chinese vanadium pentoxide powder would go down this week.
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