Chinese Ammonium Metavanadate Prices Keep Relatively Stable

BEIJING (Asian Metal) 12 Oct 23 – Although most producers do not consider reducing prices for the time being supported by costs, some producers successively cut prices for shipments, and currently mainstream prices for Chinese ammonium metavanadate NH4VO3 98%min, S 0.01%max, P 0.03%max keep relatively stable at RMB87,000-89,000/t (USD11,918-12,192/t) EXW D/P from three days ago. In view of the abundant spot supply in the market and the tendency of some producers to cut prices for shipments, insiders reckons that mainstream prices for Chinese ammonium metavanadate 98%min would weaken in the coming week.

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