Chinese ferro-vanadium export prices saw an uptick in the pricing week ended Thursday January 10 amid a comparatively active market as many overseas buyers returned to the market after their year-end holiday break.
Fastmarkets' assessment for ferro-vanadium, fob China, was at $69-72 per kg on January 10, up 1.8% from $68.50-70.00 per kg the week before.
China's ferro-vanadium export market saw a considerable number of enquiries received from overseas markets in the past week, indicating a return of buying interest, market sources said.
"The [ferro-vanadium export] market has been quite active this week. We received many enquiries from the overseas market and we managed to conclude deals at around $70 per kg," a Chinese ferro-vanadium producer said on January 10.
Some Chinese ferro-vanadium exporters,...