In 2013,Chinese FeV50 price experienced three rises and three drops, but the change room was limited. As far as the whole year was concerned, FeV50 fluctuated in the range between RMB80,000/mt (USD13,114/mt, export duty excluded) and RMB90,000/mt (USD14,754/mt, export duty excluded). In January, Chinese FeV50 peaked at RMB95,000/mt (USD15,573/mt, export duty excluded) due to tight supply and strong demand for vanadium pent oxide, which was stirred by policy that rebar II would quit the market. In February to April, in connection with sluggish demand of steel, FeV50 price was on the way to drop to RMB75,000/mt (USD12,295/mt, export duty excluded). In May, FeV50 price recovered to RMB83,000/mt (USD13,606/mt, export duty excluded) as suppliers rejected to sell at loss. In June and July, which was sluggish season for FeV50, FeV50 price turned to slip as low as RMB77,000/mt (USD12,622/mt, export duty excluded). During August and September, FeV50 price gained to RMB88,000/mt (USD14,426/mt, export duty excluded), as suppliers couldn’t buy low-priced raw materials. When it came to October and November, as steel mills pressed FeV50 tender price, FeV50 retreated to RMB81,000/mt (USD13,278/mt, export duty excluded) . In December, FeV50 rose to RMB86,000/mt (USD14,098/mt, export duty excluded) again due to vanadium pent oxide factories shutdown in northeast China.

keys：FeV 2013 

website：http://nyztzs.com/en/news_view_1324_105.html

Previous：Ferrosilicon Producers Seemed Pessimistic About the Market Before the Spring Festival

Next：Chinese Moly Market Kept Flat While Overseas Moly Price Rose

Return