European Ferrovanadium Price Has Fallen Rapidly Which Is Lower Than Domestic Price

Date: Apr 04, 2019 According to data released yesterday, European ferrovanadium price fell again, currently to USD 48.5 (↓4) -52 (↓5.5) 5.5/kg vanadium, and the price of 50# ferrovanadium was about CNY 162,700(↓13,400)-174,400(↓18,500)/t. While domestic feerovanadium transaction price was around 180,000/t. The European market price for vanadium pentoxide was about USD 12-13.25/lb vanadium pentoxide, temporarily stable. The price of 98% vanadium pentoxide was about CNY 174,000-192,100/t. The market price of American ferrovanadium was USD 28-31.5/lb, keeping stable.

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