FeV market sees limited supply, low price and thin transaction

Date: Dec 10, 2018

www.ferroalloynet.com: In November, ferrovanadium operating rate and output were imnpacted greatly but the transaction prices had been dropping in spite of limtied supply. Now, the inventory sits at lows but the downstream buyers are still cautious on procurement. Thus, ferrovanadium offering prices continue to fall and stand in a range of 310000-330000 rmb/ton for 50#. Some lower ones sit at 300000 rmb/ton by cash, but few buyers are interested.

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