Chinese Ferrovanadium Market Mentality Stays Negative

BEIJING (Asian Metal) 9 May 22 РDue to the soft demand from end users, Chinese ferrovanadium 50%min suppliers held negative attitude during the past week. At present, the mainstream prices of Chinese ferrovanadium 50%min stand at RMB140,000-142,000/t (USD42.3-42.9/kg V) delivered D/P, down by RMB2,000/t (USD0.6/kg V) from late last week. Considering that the weak mentality continues, insiders believe that the mainstream prices of Chinese ferrovanadium 50%min would edge down in the coming week.

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