European FeV price midpoint soared 3.6 $/kg V

Date: Mar 12, 2018 International vanadium market surged again last Friday. European ferrovanadium prices increase further to 68(↑3.2)-71(↑4) $/kg V, equivalent to Chinese FeV50 at 215100(↑10300)-224600(↑12800) rmb/ton, and vanadium pentoxide prices rise to 14.5(↑0.5)-14.8(↑0.3) $/lb V2O5, equivalent to Chinese V2O5 flake 98% at 198200(↑6500)-202300(↑3700) rmb/ton. American ferrovanadium prices are unchanged in a range of 32(↑2.25)-33.5(↑3.1) $/lb V2O5.

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