BEIJING (Asian Metal) 16 Aug 22 – As terminal users reduced their consumption, Chinese ferrovanadium 50%min market prices couldn’t get effective support and the market mentality stayed soft during the past days. Currently, the mainstream prices of Chinese ferrovanadium 50%min stand at RMB112,000-114,000/t (USD33.2-33.8/kg V) delivered D/A 180 days, unchanged from late last week. In view of the soft demand from end users, insiders believe that the mainstream prices of Chinese ferrovanadium 50%min would move down slightly in the coming week.
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