BEIJING (Asian Metal) 11 May 22 – Due to the soft demand from terminal users, Chinese ferrovanadium 50%min market inquires stayed rare during the past week. Currently, the mainstream prices of Chinese ferrovanadium 50%min stand at RMB141,000-143,000/t (USD41.9-42.5/kg V) delivered D/A, down by RMB2,000/t (USD0.6/kg V) from late last week. Considering that raw material prices also moved down, insiders believe that the mainstream prices of Chinese ferrovanadium 50%min would keep dropping in the coming week.’
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