BEIJING (Asian Metal) 8 Feb 23 – With the market demand recovery, Chinese ferrovanadium market saw active inquiry and optimistic mentality during the past week. Currently, the mainstream prices of Chinese ferrovanadium 50%min stand at RMB150,000-152,000/t (USD44.2-44.8/kg V) delivered D/A 180 days, up by RMB4,000/t (USD1.2/kg V) from late last week. Considering that raw material prices also moved up due to the tight supply in spot market, insiders believe that the mainstream prices of Chinese ferrovanadium 50%min would keep increasing in the coming week.
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