Chinese Ammonium Metavanadate Prices Weak

BEIJING (Asian Metal) 7 Jun 23 – In view of the soft demand, Chinese ammonium metavanadate 98%min market saw soft mentality over the past week due to lack of effective support from terminal users. Currently, the mainstream prices of Chinese ammonium metavanadate 98%min stay at RMB96,000-98,000/t (USD13.6-13.9/kg) EXW D/P, unchanged from late last week. Considering that most buyers prefer to watch the market and the quiet market continues, insiders believe that the mainstream prices of Chinese ammonium metavanadate 98%min would stay weak in the coming week.

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