BEIJING (Asian Metal) 7 Sep 23 – In view of weak downstream demand, most producers have a negative mentality, are bearish about market outlook this week, and began to lower prices one after another. Currently, the mainstream prices of Chinese ammonium metavanadate NH4VO3 98%min, S 0.01%max, P 0.03%max stay at RMB91,000-93,000/t (USD12,437-12,710/t) EXW D/P, down by RMB4,000/t (USD547/t) from late last week. Dragged by sparse deals, insiders expect that the mainstream prices of Chinese ammonium metavanadate would go down further in the coming week.
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