BEIJING (Asian Metal) 6 Sep 23 – In view of the soft demand and dropping vanadium products prices, Chinese ammonium metavanadate market prices couldn’t get effective support from downstream market and the market mentality stayed negative so far this month. Currently, the mainstream prices of Chinese ammonium metavanadate 98%min stay at RMB91,000-93,000/t (USD12.5-12.8/kg) EXW D/P, down by RMB5,000/t (USD0.7/kg) from late last month. Considering that most buyers prefer to watch the market now, insiders expect that the mainstream prices of Chinese ammonium metavanadate 98%min would move down further in the coming week.
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