Indian ferro vanadium prices inched down w-o-w due to slow demand and relatively stable raw material costs. BigMint’s assessment on 16 April indicated prices hovering around INR 11,60,000-11,90,000/t ex-works on a 50% pro-rata basis from key markets. The market showed a balance between supply and demand, with high-price transactions remaining limited. Expectations suggest the market will continue with marginal fluctuations in the short term.
