Chinese Ferrovanadium Prices Firm

BEIJING (Asian Metal) 15 Feb 23 – In view of the firm raw material prices and optimistic market mentality, few ferrovanadium suppliers would like to loosen their prices during the past week. Currently, the mainstream prices of Chinese ferrovanadium 50%min stand at RMB155,000-157,000/t (USD45.7-46.3/kg V) delivered D/A 180 days, unchanged from late last week. Considering that buyers prefer to build inventory actively, insiders believe that the mainstream prices of Chinese ferrovanadium 50%min would keep firm in the coming week.

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