Chinese Vanadium Pentoxide Flake Market Mentality Turns Optimistic

BEIJING (Asian Metal) 9 May 23 – As traders started to build inventory actively, Chinese vanadium pentoxide flake 98%min prices stopped dropping and market mentality started to turn optimistic again. Currently, the mainstream prices of Chinese vanadium pentoxide flake 98%min stand at RMB101,000-103,000/t (USD6.8-6.9/lb V2O5) EXW D/A 180 days, unchanged from late last week. However, in view of the soft rebar market, insiders believe that the mainstream prices of Chinese vanadium pentoxide flake 98%min would stay in a stalemate in the coming week.

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