Chinese Ferrovanadium Prices Firm

BEIJING (Asian Metal) 7 Sep 22 РThough traders held too much inventory, supported by firm raw material prices, Chinese ferrovanadium market mentality kept firm during the past week. At present, the mainstream prices of Chinese ferrovanadium 50%min stand at RMB118,000-120,000/t (USD34.2-34.7/kg V) delivered D/A 180 days, unchanged from late last week. Considering that most suppliers prefer to hold back from selling now, insiders believe that the mainstream prices of Chinese ferrovanadium 50%min would stay firm in the coming week.

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