Chinese Ferrovanadium Market Sees Rare Inquiries

BEIJING (Asian Metal) 26 Apr 22 РAs few terminal users made purchase, Chinese ferrovanadium 50%min market saw rare inquiries during the past week. By this Monday, the mainstream prices of Chinese ferrovanadium 50%min stand at RMB145,000-147,000/t (USD44.6-45.2/kg V) delivered D/A 180 days, down by RMB7,000/t (USD2.2/kg V) from last Monday. Considering that the soft demand continues, insiders believe that the mainstream prices of Chinese ferrovanadium 50%min would face huge dropping pressure in the coming week.

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