Chinese Vanadium Pentoxide Flake Prices Stay Weak

BEIJING (Asian Metal) 21 Mar 23 – As downstream vanadium product price stayed soft during the past week, Chinese vanadium pentoxide flake 98%min prices couldn’t get effective support and the market mentality stayed weak accordingly. Currently, the mainstream prices of Chinese vanadium pentoxide flake 98%min stand at RMB138,000-140,000/t (USD9.2-9.3/lb V2O5) EXW D/A 180 days, unchanged from late last week.¬†Considering that most buyers prefer to watch the market and inquiries in spot market stay rare now, insiders believe that the mainstream prices of Chinese vanadium pentoxide flake 98%min would keep soft in the coming week.

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