BEIJING (Asian Metal) 18 Oct 22 – In view of the firm raw material prices in spot market, Chinese ferrovanadium 50%min market saw solid mentality during the past week. Currently, the mainstream prices of Chinese ferrovanadium 50%min stand at RMB130,000-132,000/t (USD36.2-36.7/kg V) delivered D/A 180 days, the same as early last week. Considering that few suppliers would like to loosen their prices to promote sales for the moment, insiders believe that the mainstream prices of Chinese ferrovanadium 50%min would stay firm in the following week.
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