European Vanadium Pentoxide Flake Prices Decline

BEIJING (Asian Metal) 28 Apr 23 – In view of the dropping vanadium alloy prices, European vanadium pentoxide flake 98%min prices couldn’t get enough support and the market mentality maintained soft during the past week. Currently, the mainstream prices of European vanadium pentoxide flake 98%min stand at USD8.3-8.5/lb V2O5 in warehouse Rotterdam, down by USD0.2/lb V2O5 from late last week. Considering that few buyers would like to build inventory and and rare inquires in spot market continues, insiders believe that the mainstream prices of European vanadium pentoxide flake 98%min would move down slightly in the coming week.

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