Indian ferro vanadium (FeV 50%) prices edged up slightly w-o-w by INR 8,750/t ($101/t) to INR 1,085,000/t ($12,534/t) exw-Raipur. The ferro vanadium market has shown limited movement recently, with manufacturer quotations remaining stable amid weak demand. Buyer inquiries remain sparse, leading to a stagnant supply-demand dynamic. Prices are expected to stabilise and become clearer following the Lunar holiday period in China.
Leave a Reply