Chinese Ammonium Metavanadate Prices Soft

BEIJING (Asian Metal) 9 Aug 23 – Due to the soft demand, Chinese ammonium metavanadate market mentality stayed weak during the past week. Currently, the mainstream prices of Chinese ammonium metavanadate 98%min stand at RMB100,000-102,000/t (USD13.8-14.1/kg) EXW D/P, unchanged from middle last week. Considering that most producers face increasing inventory pressure now, insiders expect that the mainstream prices of Chinese ammonium metavanadate 98%min would keep soft in the coming week.

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