India’s ferro vanadium (FeV 50%) prices exhibited marginal softness this week, easing by INR 2,000/t ($23/t) w-o-w to INR 1,096,000/t ($12,589) ex-Raipur. The slight correction reflects subdued procurement activity from alloy producers, driven by limited downstream demand and stable raw material costs. Market participants pointed to low-volume transactions, with no significant supply pressures or demand spikes to influence price volatility.
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