International vanadium market continues rising

Date: Mar 26, 2018 With supply tightness continuing, international vanadium market keeps going up. On Mar.23, European ferrovanadium prices increased to 70.15(↑0.15)-72.5(↑0.5) $/kg V, equivalent to Chinese FeV50 at 221300(↑100)-228700(↑900) rmb/ton; and vanadium pentoxide prices stabilize rose to 15-16(↑0.5) $/lb V2O5, equivalent to Chinese V2O5 flake 98% at 205000-218100 rmb/ton. American ferrovanadium prices increased to 34.3(↑1.3)-35.5(↑0.5) $/lb V.

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