European Ferrovanadium Prices Stalemate

BEIJING (Asian Metal) 11 Nov 22 – As few suppliers would like to send their goods to European warehouse in advance due to the negative market expectation in this winter, European ferrovanadium 80%min spot market saw tight supply and the market mentality stayed in a stalemate during the past week. Currently, the mainstream prices of European ferrovanadium 80%min stay at USD31.7-32.2/kg V in warehouse Rotterdam, unchanged from late last week. Considering that most buyers prefer to watch the market for the moment, insiders believe that the mainstream prices of European ferrovanadium 80%min would stay weak in the coming week.

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