Indian Imported Ferrovanadium Prices Down

BEIJING (Asian Metal) 28 Jun 22 РDue to the sufficient supply in spot market, Indian buyers strengthened their pricing power during the past week. Currently, the mainstream prices of Indian imported ferrovanadium 50%min stand at USD42.5-43/kg V CIF India, down by USD0.5/kg V from early last week. Considering that terminal demand stays weak due to the steel off-season, insiders believe that the mainstream prices of Indian imported ferrovanadium 50%min would stay soft in the coming week.

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