TheVanadium Price Gap between European Market and Chinese Domestic Market is Narrowing

Date: Jan 28, 2019 As we know European ferrovanadium 50# price closed at USD 77-79.1/kg V and that for V2O5 98% concluded at USD 16.25-17 /lb V2O5 last Friday, which increased by USD 0175/KGV and USD 0.375/lb V2O5 separately. Thanks to the shrinking in exchanges in USD and CNY, the RMB price for ferrovanadium 50# was about CNY 259800-266900/t and that for V2O5 98% was at CNY 236900-247900/t, which is almost the same level with Chinese domestic market price.

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