European FeV and V2O5 prices were increased

Date: Nov 5, 2018 On November 2, European ferrovanadium prices increased slightly to 117(↑2)-120(↑1)$/kg V, equivalent to Chinese FeV50 at 403000(↑2200)-413400(↑1300) rmb/ton; and European vanadium pentoxide prices rose to 26.5(↑0.5)-27.5(↑1) $/lb V2O5, equivalent to Chinese V2O5 98% flake at 394400(↑2900)-409300(↑10300) rmb/ton; American ferrovanadium prices moved up to 54(↑0.5)-55.5$/lb V. After all, the trading activity picked up. However, international vanadium prices are still lower than Chinese domestic market prices.

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