India’s ferro vanadium (FeV 50%) prices rose by INR 13,500/t ($154/t) this week to INR 1,109,500/t ($12,653) ex-Raipur, supported by rising vanadium oxide (V2O5) prices and tight domestic supply. Additionally, reduced Chinese vanadium oxide exports amid ongoing production restrictions and increased internal consumption limited global availability. These factors added upward pressure on Indian prices, reflecting broader strength in the international vanadium market.

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