BEIJING (Asian Metal) 17 Nov 22 – Due to the weak demand from steel-mills, few traders would like to build inventory and market inquiries stayed rare during the past week. Currently, the mainstream prices of Chinese ferrovanadium 50%min stand at RMB132,000-134,000/t delivered D/A 180 days, down by RMB1,000/t from late last week. In view of the quiet market, insiders believe that the mainstream prices of Chinese ferrovanadium 50%min would loosen slightly in the coming week.
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