US FeV price narrow to $15.25-15.50 per lb

  • Wednesday, August 31, 2011
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  • Keywords:US FeV
[Fellow]
European FeV prices fell to $27.75-28.50 per kg compared to $28.50-29. Traders said there was little business, but each sale transacted has been done at successively lower prices. US FeV prices narrowed to $15.25-15.50 per lb. Producers said that they have been able to sell at a premium to spot prices in the US and Europe, while traders reported that they have lost out on business at prices below current spot ranges. 
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