Chinese Vanadium Pentoxide Flake Prices Down

BEIJING (Asian Metal) 22 Aug 23 – Due to the sufficient supply, Chinese vanadium pentoxide flake 98%min market mentality maintained negative during the past week. Currently, the mainstream prices of Chinese vanadium pentoxide flake 98%min stand at RMB104,000-106,000/t (USD6.64-6.77/lb V2O5) EXW D/A 180 days, down by RMB1,500/mtu (USD0.10/lb V2O5) from early last week. Considering that downstream vanadium alloy market couldn’t offer any effect support now, insiders expect that the mainstream prices of Chinese vanadium pentoxide flake 98%min would edge down in coming week.

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