The Price Of Vanadium Pentoxide In Europe Fell By About 30.2% From The Previous Month
www.ferroalloynet.com: The international vanadium price went up and down last Friday night, but the overall price decline was still obvious. On April 14, European ferrovanadium price was 35.5 (down 1.5)-38.76 (up 0.55) USD/Kg V, equivalent to the price of ferrovanadium50 about 121,700-133,100 CNY/Ton; European vanadium pentoxide was 9.5 (down 0.5)-10.01 (down 0.25) USD/Lb, equivalent to vanadium pentoxide98% about 140,700-148,400 CNY/Ton; U.S. ferrovanadium was 18 (down 1.5)-19 (down 1) USD/Lb V, equivalent to the price of ferrovanadium50 about 136,200-143,800 CNY/Ton.
Recently, the actual transaction price of international vanadium products continued to fall under the condition that the supply is sufficient but the demand is weak. Compared with the same period last month, the price of European ferrovanadium dropped by about 3.4 USD/Kg V, or about 4.2%; the price of European vanadium pentoxide dropped by about 4.23 USD/Lb, or about 30.2% compared with the same period last month; The price of ferrovanadium in the United States fell by about 1 USD/Lb V compared with the same period last month, a drop of about 5.1%.
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