European Ferrovanadium Prices Keep Soft

BEIJING (Asian Metal) 2 Sep 22 – Though most consumers came back from the Summer Holidays, in view of the sufficient supply in spot market, European ferrovanadium 80%min market mentality still stayed weak during the past week. Currently, the mainstream prices of European ferrovanadium 80%min stand at USD31.5-32/kg V in warehouse Rotterdam, unchanged from late last week. Though suppliers strongly wanted to increase their prices, considering that buyers could easily purchase enough goods in spot market, insiders believe that the mainstream prices of European ferrovanadium 80%min would stay in a stalemate in the coming week.

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