Chinese Ferrovanadium Prices Up

BEIJING (Asian Metal) 27 Dec 22 РIn view of the rising raw material prices, Chinese ferrovanadium 50%min market mentality went strong accordingly during the past week. Currently, the mainstream prices of Chinese ferrovanadium 50%min stand at RMB138,000-140,000/t (USD39.6-40.2/kg V) delivered D/A 180 days, up by RMB3,000/t (USD0.9/kg V) from early last week. Considering that most producers hold firm attitude for the moment, insiders believe that the mainstream prices of Chinese ferrovanadium 50%min would stay firm in the coming week.

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