Chinese Vanadium Pentoxide Powder Prices Edge Down

BEIJING (Asian Metal) 11 May 23 – Due to the soft demand and dropping raw material prices, Chinese vanadium pentoxide powder 99.5%min producers chose to loosen their prices to promote sales and the market mentality stayed soft during the past week. Currently, the mainstream prices of Chinese vanadium pentoxide powder 99.5%min stay at RMB122,000-127,000/t (USD8-8.4/lb V2O5) EXW D/P, down by RMB1,000/t (USD0.1/lb V2O5) from late last week. Considering that most buyers prefer to watch the market and the weak mentality continues, insiders believe that the mainstream prices of Chinese vanadium pentoxide powder 99.5%min would move down slightly in the coming week.

Please visit for more information https://www.asianmetal.com/news/1937545/Chinese-vanadium-pentoxide-powder-prices-edge-down/14