Chinese Vanadium Pentoxide Powder Prices Level Off

BEIJING (Asian Metal) 18 Sep 23 – Despite soft downstream demand, most Chinese vanadium pentoxide powder producers have no intention to lower their prices as a result of firm costs. Currently, mainstream prices of Chinese vanadium pentoxide powder V2O5 99.5%min, Si 0.08%max, Fe 0.1%max, P 0.02%max, S 0.03%max stay unchanged from yesterday at RMB113,000-118,000/t (USD15,509-16,195/t) EXW D/P. Considering that downstream buyers try hard to lower their target prices, insiders believe that mainstream prices of Chinese vanadium pentoxide powder 99.5%min would go down in the coming week.

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