Chinese Vanadium Pentoxide Powder Prices Steady

BEIJING (Asian Metal) 25 Sep 23 – Owing to high production costs, mainstream prices of Chinese vanadium pentoxide powder V2O5 98%min, Si 0.2%max, Fe 0.2%, P 0.03%max and vanadium pentoxide powder V2O5 99.5%min, Si 0.08%max, Fe 0.10%max, P 0.02%max, S 0.03%max stand at RMB89,000-91,000/t (USD12,193-12,467/t) and RMB113,000-118,000/t (USD15,481-16,166/t) EXW D/P at present respectively, both unchanged from the middle of this week. In spite of weak demand in the domestic market, insiders predict that mainstream prices of Chinese vanadium pentoxide powder would continue to keep stable in the coming week supported by high costs.

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