Ferro vanadium (FeV 50%) prices in India rose INR 21,250/t ($240/t) to INR 1,142,500/t ($12,878/t) ex-Raipur, amid tightening domestic supply and sound demand. Sellers reported shrinking inventories, minimal discounts and strong buyer interest. With limited material in circulation and delayed imports, sentiment remains bullish. Prices are expected to edge higher in the near term.
Leave a Reply