Metalnewsnet 13 Apr: Currently, ammonium metavanadate market is depressed with little purchase and small transactions. Although some manufacturers still do not want to ship firm prices, the pace of market decline is difficult to stop. Now 98% ammonium metavanadate in Hunan, Chongyang, Henan offered at 75000-78000 Yuan / ton (excluding tax); slightly higher in Jiangxi province, 78000-81000 Yuan / ton (excluding tax),88000-89000 Yuan/ ton with tax. The market purchase volume is very small. Most manufacturers are not optimistic about the market outlook. And indicate that if the prices continue to slump, they will out of business again. The current price is almost close to the cost that more and more manufacturers do not want to ship. MNN estimate ammonium metavanadate market will continue to slump. |