Indian ferro vanadium (FeV 50%) prices edged up by INR 4,700/t ($55/t) w-o-w to INR 1,086,700/t ($12,667/t) exw-Raipur. Prices remained stable, with slight increases in offers. However, manufacturers faced low inquiries and price adjustment pressure due to market stagnation. Weak demand and limited activity suggest that prices are likely to remain stable in the near term.
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