Chinese Ferrovanadium Suppliers Hold Negative Attitude

BEIJING (Asian Metal) 2 May 22 РDue to the soft demand from terminal users, Chinese ferrovanadium 50%min suppliers held negative attitude during the past week. Currently, the mainstream prices of Chinese ferrovanadium 50%min stand at RMB144,000-146,000/t (USD44.3-44.9/kg V) delivered D/A 180 days, down by RMB2,000/t (USD0.6/kg V) from early last week. Considering that the soft mentality continues, insiders believe that the mainstream prices of Chinese ferrovanadium 50%min would stay weak in the coming week.

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