The Decline in European Vanadium Prices Has Narrowed

Date: Apr 08, 2019 According to data released last Friday, European ferrovanadium price  fell slowly, only slightly adjusted. The mainstream price wad USD 48.5 (↓0.5) -52/kg vanadium, and the price of 50# ferrovanadium was about CNY 161,200(↓1,500)-174,600/t with little fluctuation. The European market price for vanadium pentoxide was about USD 10.55(↓1.45)-12(↓1.25)/lb. The price of 98% vanadium pentoxide was about CNY 153,100(↓20,900)-174,200(↓17,900)/t. The market price of American ferrovanadium was USD 28-31.5/lb, keeping stable.

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