Indian ferro vanadium (FeV 50%) prices rose by INR 60,000/t ($663/t) w-o-w to INR 1,217,000/t ($13,440/t) ex-Raipur as of 11 Feb’26,driven by acute spot shortages and sustained procurement from alloy steel producers. Market participants cited limited import arrivals and delayed cargo clearances, tightening availability. Domestic sellers held raised offers amid low inventories. Vanadium pentoxide prices also advanced, supported by improved buying sentiment and restricted supply.
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