BEIJING (Asian Metal) 24 May 22 – Due to the 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 RMB128,000-130,000/t (USD38.5-39.1/kg V) delivered D/P, down by RMB4,000/t (USD1.2/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 drop further in the coming week.
Please visit more information https://www.asianmetal.com/news/1812680/Chinese-ferrovanadium-prices-keep-moving-down/14
