Chinese Ferrovanadium Prices Firm

BEIJING (Asian Metal) 29 Mar 22 – As raw material prices stayed in a stalemate, most Chinese ferrovanadium 50%min suppliers held bullish mentality and none of them would like to loosen their prices to promote sales 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 early last week. Considering that bullish market mentality continues, insiders believe that the mainstream prices of Chinese ferrovanadium 50%min would keep firm in the coming week.

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