European Ferrovanadium Prices Up

BEIJING (Asian Metal) 9 Dec 22 РAs most consumers would add inventory before Christmas Holiday, but spot market saw tight supply, European ferrovanadium market mentality stayed positive during the past week. Currently, the mainstream prices of European ferrovanadium 80%min stay at USD33-33.5/kg V in warehouse Rotterdam, up by USD1/kg V from late last week. Considering that few suppliers have inventory pressure and the tight supply continues, insiders believe that the mainstream prices of European ferrovanadium 80%min would move up further in the coming week.

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