Chinese Ferrovanadium Market Mentality Keeps Steady

BEIJING (Asian Metal) 31 Mar 22 – Though inquiries from terminal users kept rare, few ferrovanadium 50%min suppliers would like to loosen their prices to promote sales and market mentality stayed steady during the past 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 late last week. In view of the quiet market, insiders believe that the mainstream prices of Chinese ferrovanadium 50%min would keep steady in the coming week.

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