BEIJING (Asian Metal) 23 Nov 22 – Due to COVID-19 control, the freight industry stayed uncertain in this winter and no ferrovanadium 50%min suppliers would like to loosen their prices to promote sales during the past week. Currently, the mainstream prices of Chinese ferrovanadium 50%min stand at RMB132,000-134,000/t (USD36.9-37.5/kg V) delivered D/A 180 days, unchanged from late last week. In view of the solid market mentality, insiders believe that the mainstream prices of Chinese ferrovanadium 50%min would stay firm in the coming week.
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