BEIJING (Asian Metal) 26 Sep 23 – Due to the rise in raw material prices last week, most producers raised prices to test market today, but the market saw rare deals. Current mainstream prices of Chinese vanadium pentoxide powder V2O5 99.5%min, Si 0.08%max, Fe 0.1%, P 0.02%max, S 0.03%max stay at RMB116,000-121,000/t (USD15,865-16,548/t) EXW D/P, in line with late last week. In view of the successive purchases of steel mills before the National Day, insiders expect that mainstream prices of Chinese vanadium pentoxide powder 99.5%min would go up this week, but the upside space is limited.
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