BEIJING (Asian Metal) 22 Mar 23 – In view of the sufficient supply in spot market, Chinese ferrovanadium 50%min market mentality kept soft during the past week. Currently, the mainstream prices of Chinese ferrovanadium 50%min stand at RMB145,000-147,000/t (USD41.7-42.2/kg V) delivered D/A 180 days, down by RMB2,000/t (USD0.6/kg V) from middle last week. Considering that inquiries in spot market stay rare now, insiders expect that the mainstream prices of Chinese ferrovanadium 50%min would stay soft in the coming week.
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