Indian Ferrovanadium Prices Rise

BEIJING (Asian Metal) 16 Mar 22 РAs most suppliers held back from selling, Indian ferrovanadium 50%min market saw bullish mentality during the past week. Currently, the mainstream prices of Indian ferrovanadium 50%min stand at INR2,470-2,500/kg (USD64.4-65.2/kg V) delivered D/P, up by INR100/kg (USD2.6/kg V) from middle last week. Considering that the bullish market mentality continues, insiders believe that the mainstream prices of Indian ferrovanadium 50%min would increase further in the coming week.

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