International ferrovanadium prices continued to drop

Date: Aug 27, 2018 On August 24, European ferrovanadium prices went further down to 80-80.75(↓0.25) $/kg V, equivalent to Chinese FeV50 at 272100-274700(↓3500) rmb/ton; and European vanadium pentoxide prices stabilized at 18.5-19 $/lb V2O5, equivalent to Chinese V2O5 98% flake at 271900-2879300 rmb/ton; American ferrovanadium prices decreased to 39.0-39.5(↓0.3) $/lb V.

Meanwhile, Chinese ferrovanadium 78% min export prices stabilized at 79-82 $/kg V, fob China, and Chinese V2O5 98% min prices also stabilized at 18.5-19 $/lb V2O5, fob China.

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