Chinese Ferrovanadium Prices Stay In A Stalemate

BEIJING (Asian Metal) 8 Nov 22 – Though terminal users’ demand stayed soft, supported by solid raw material prices, Chinese ferrovanadium 50%min market mentality kept in a stalemate during the past week. Currently, the mainstream prices of Chinese ferrovanadium 50%min stand at RMB134,000-136,000/t (USD36.7-37.2/kg V) delivered D/A 180 days, up by RMB1,000/t (USD0.3/kg V) from early last week.¬†Considering that inquires in spot market stay rare for the moment, insiders believe that the mainstream prices of Chinese ferrovanadium 50%min would stay in a stalemate in the coming week.

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