The gap of FeV quotations reaches almost 50000 rmb/ton

Date: Sep 19, 2018 Amid the marked contradiction between supply and demand, the suppliers of ferrovanadium keep increasing offering prices but show little interest on selling. The quotations for ferrovanadium 50# are quite varied. In recent two days, many offers sit at 320000 rmb/ton by cash but there is still high price at 365000 rmb/ton by cash. The price gap reaches 45000 rmb/ton. Among chaotic offering prices, many traders just make a quotation as a try, in order to know clearly about the current market. Their inventories and the willingness of trading remain to be seen.

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