BEIJING (Asian Metal) 22 Mar 22 – Though raw material prices moved down during the past week, none producers would like to loosen their ferrovanadium 50%min prices to promote sales and market mentality stayed firm during the past week. Currently, the mainstream prices of Chinese ferrovanadium 50%min stand at RMB156,000-158,000/t (USD49.1-49.7/kg V) delivered D/A 180 days, unchanged from early last week. Considering that international market prices stay at a much higher level than domestic market now, insiders believe that the mainstream prices of Chinese ferrovanadium 50%min would edge up in the coming week.
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