BEIJING (Asian Metal) 15 Apr 22 – Due to rare inquires and sufficient supply in spot market, South Korean ferrovanadium 80%min market mentality stayed negative during the past week. Currently, the mainstream prices of South Korean ferrovanadium 80%min stand at USD47.5-48/kg V in port of Busan, down by USD5/kg V from late last week. As most suppliers prefer to clear out their inventory as soon as possible, the soft market mentality continues and insiders believe that the mainstream prices of South Korean ferrovanadium 80%min would move down further in the coming week.
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