Indian Ferrovanadium Prices Soft

BEIJING (Asian Metal) 22 Nov 22 – Due to the weak demand, Indian ferrovanadium 50%min market mentality stayed soft during the past week. Currently, the mainstream prices of Indian ferrovanadium 50%min stand at INR1,400-1,430/kg (USD34.2-34.9/kg V) delivered D/P, unchanged from early last week. Considering that most buyers prefer to watch the market and the soft market mentality continues, insiders believe that the mainstream prices of Indian ferrovanadium 50%min would keep weak in the following week.

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