Tag: India: ferro vanadium prices rise despite weaker Chinese market indicators and cautious buying

Domestic supply dynamics support higher offers Weaker Chinese prices limit further upward momentum Indian ferro vanadium (FeV 50%) prices rose w-o-w to INR 1,268,000/t ($13,238/t) on 14 October, as domestic sellers maintained firm offers amid changing international vanadium market dynamics. The price movement comes despite softer Chinese indicators, suggesting that domestic price formation may also…