BEIJING (Asian Metal) 24 Aug 22 – Due to the soft demand from terminal users, Chinese ferrovanadium market mentality stayed soft during the past week. Currently, the mainstream prices of Chinese ferrovanadium 50%min stand at RMB116,000-118,000/t (USD33.9-34.5/kg V) delivered D/A 180 days, unchanged from middle last week. In view of the stalemate raw material prices and rare inquiries in spot market, insiders believe that the mainstream prices of Chinese ferrovanadium 50%min would stay weak in the coming week.
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