India: Ferro vanadium prices rally w-o-w on tight supply and strong demand
Indian ferro vanadium (FeV 50%) prices rose by INR 72,000/t ($783/t) w-o-w to INR 1,296,000/t ($14,100/t) ex-Raipur on 03 Mar’26. Prices strengthened on the back of elevated raw material costs and tight vanadium pentoxide availability, particularly amid rising prices in the Chinese vanadium pentoxide market. Strong producer sentiment, dwindling low-priced inventories, sound downstream demand, and supportive international cues further reinforced the prevailing bullish momentum.
