BEIJING (Asian Metal) 6 Sep 23 – Given the meager margins, most producers had no intention of lowering prices to sell in the past week. Currently, the mainstream prices of Chinese vanadium pentoxide flake V2O5 98%min, Si 0.25%max, Fe 0.3%max stand at RMB98,000-100,000/t (USD13,416-13,690/t) EXW D/A 180 days, unchanged from late last week. Although most producers have a strong willingness to raise prices, the downstream generally waits on the sidelines towards the market. Insiders expect that the mainstream prices of Chinese vanadium pentoxide flake would fall slightly this week.
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