BEIJING (Asian Metal) 13 Sep 23 – In view of dropping raw material prices and weak demand from terminal users, Chinese ferrovanadium 50%min market mentality kept negative during the past week. At present, the mainstream prices of Chinese ferrovanadium 50%min stand at RMB102,000-104,000/t (USD28-28.5/kg V) Delivered D/A 180 days, down by RMB4,000/t (USD1.1/kg V) from late last week. Considering that most suppliers prefer to clear their inventory as soon as possible, insiders expect that the mainstream prices of Chinese ferrovanadium 50%min would move down further in the coming week.
For more information, please visit: https://www.asianmetal.com/news/1981345/Chinese-ferrovanadium-prices-decline/14
