Indian ferro vanadium prices remained largely stable on 26 Jun’24, with FeV 50% prices at INR 1,280,000/t ($15,320/t) ex-works (50% prorate) inched down w-o-w by INR 20,000 ($239/t), as per BigMint’s assessment. The ferro vanadium market experienced downward trend this week with reduced manufacturer quotations and tepid demand. Subdued purchasing enthusiasm suggests a stable-yet-cautious market outlook in the short term.
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