BEIJING (Asian Metal) 5 Sep 23 – Due to weak demand from terminal users, Chinese vanadium pentoxide flake 98%min market mentality stayed so far this month. Currently, the mainstream prices of Chinese vanadium pentoxide flake 98%min stand at RMB100,000-102,000/t (USD6.4-6.5/lb V2O5) EXW D/A 180 days, unchanged from late last month. Considering that downstream vanadium alloy market couldn’t offer any effective support now, insiders expect that the mainstream prices of Chinese vanadium pentoxide flake 98%min would stay soft in the coming week.
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