Chinese Ammonium Metavanadate Prices Down

BEIJING (Asian Metal) 15 Sep 23 РGiven soft demand from downstream clients, most Chinese ammonium metavanadate producers are bearish about the market outlook and start cutting prices. Mainstream prices of Chinese ammonium metavanadate NH4VO3 98%min, S 0.01%max, P 0.03%max stand at RMB86,000-88,000/t (USD11,819-12,093/t) EXW D/P currently, down by RMB1,000/t (USD1,099/t) from yesterday. Although most producers cut their prices, deals are still limited in the current market, so insiders predict that mainstream prices of Chinese ammonium metavanadate 98%min would go down further in the coming week.

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