Chinese Vanadium Pentoxide Flake Prices Level Off

BEIJING (Asian Metal) 10 Oct 23 – Though most market participants already came back from the National Day holiday, most Chinese vanadium pentoxide flake suppliers prefer to keep their prices unchanged. Currently, mainstream prices for Chinese vanadium pentoxide flake V2O5 98%min, Si 0.25%max, Fe 0.3%max stand at RMB92,000-94,000/t (USD5.8-6.0/lb V2O5) EXW D/A 180 days, unchanged from yesterday. As most steel mills lower their target prices, insiders believe that prices for Chinese vanadium pentoxide flake 98%min would move down in the coming week.

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