Both V2O5 and FeV prices dropped in Europe

Date: May 21, 2018 On May 18, European ferrovanadium prices continued falling to 64.4(↓0.1)-65.9(↓0.8) $/kg V, equivalent to Chinese FeV50 at 205300(↓1000)- 210000(↓2400) rmb/ton; and European vanadium pentoxide prices started dropping, now at 13.85(↓0.65)-14.5(↓0.5) $/lb V2O5, equivalent to Chinese V2O5 flake 98% at 190700(↓7600)-199700(↓5400) rmb/ton. American ferrovanadium prices stabilized at 32.25-33 $/lb V.

Meanwhile, Chinese ferrovanadium 78% min export prices stood at 63(↓1)-66 $/kg V, fob China, and Chinese V2O5 98% min were at 14.3(↓0.1)-14.8(↓0.5) $/lb V2O5, fob China.

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