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Ferrovanadium prices remain stable in India

Time:Wed, 05 Feb 2025 08:23:51 +0800

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The price of ferrovanadium (FeV 50%) in India has dropped by 9,750 Indian rupees per ton (113 US dollars per ton), with Raipur factory selling at 1,076,250 Indian rupees per ton (12,433 US dollars per ton). The ferrovanadium market is stagnant, with low prices and very little trading activity. The lack of active supply and demand has led to a wait-and-see attitude among participants, resulting in market uncertainty and price instability.
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