Chinese Ferrovanadium Prices Down

BEIJING (Asian Metal) 13 Sep 23 – In view of soft downstream demand, this week most Chinese ferrovanadium producers feel bearish on price trends and lower their offers accordingly. Currently, mainstream prices of Chinese ferrovanadium 50%min stand at RMB102,000-104,000/t (USD27.98-28.54/kg V) Delivered D/A 180 days, down by RMB4,000/t (USD1.10/kg V) from late last week. Though producers already lower prices, the market still sees limited deals, so insiders believe that mainstream prices of Chinese ferrovanadium would drop further within this week.

For more information, please visit: https://www.asianmetal.com/news/1981461/Chinese-ferrovanadium-prices-down-/14

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