BEIJING (Asian Metal) 13 Jul 22 – Due to the soft demand from terminal users, Chinese ferrovanadium market mentality stayed negative during the past week. Currently, the mainstream prices of Chinese ferrovanadium 50%min stand at RMB124,000-126,000/t (USD37-37.6/kg V) delivered D/P, down by RMB2,000/t (USD0.6/kg V) from late last week. In view of the rare inquiries in spot market, insiders believe that the mainstream prices of Chinese ferrovanadium 50%min would keep moving down in the coming week.
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