Chinese Ferrovanadium Market Mentality Keeps Firm

BEIJING (Asian Metal) 18 Mar 22 РAs raw material suppliers dropped their vanadium pentoxide flake 98%min prices to promote sales during the past week, Chinese ferrovanadium 50%min prices stopped increasing but market mentality kept firm so far this week. Currently, the mainstream prices of Chinese ferrovanadium 50%min stand at RMB156,000-158,000/t (USD49.1-49.7/kg V) delivered D/A 180 days, unchanged from this Monday. Considering that most consumers prefer to watch the market now, insiders believe that the mainstream prices of Chinese ferrovanadium 50%min would keep steady in the coming week.

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