Indian ferro vanadium prices decreased on 24 Jul’24, w-o-w by INR 22,600 ($270/t). FeV 50% prices stood at INR 1,174,000/t ($14,026/t) exw-Raipur (50% prorate) as per BigMint’s assessment. The ferro vanadium market in India persisted its downtrend this week as the market witnessed lower trade activities and unacceptance towards higher quotes. BigMint anticipates that prices will fluctuate in these levels in the near term.
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