BEIJING (Asian Metal) 7 Sep 23 – In view of the soft demand and dropping raw material prices, Chinese ferrovanadium 50%min market mentality stayed negative over the past week. Currently, the mainstream prices of Chinese ferrovanadium 50%min stand at RMB106,000-108,000/t (USD29.1-29.7/kg V) Delivered D/A 180 days, down by RMB3,000/t (USD0.8/kg V) from this Monday. Considering that most buyers prefer to watch the market now, insiders believe that the mainstream prices of Chinese ferrovanadium 50%min would keep soft in the coming week.
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