European Ferrovanadium Prices Continue To Fall

www.ferroalloynet.com:Ferrovanadiummarket turnover is general, and demand is less, so the market trading atmosphere is light. Due to the low price V2O5 flake market source is not easy to purchase, and there are many ferrovanadium manufacturers have high  V2O5 flake in the early stage, now the market transaction price is in cash of 110,000-112,000 CNY/Ton, many manufacturers said they will lose money at this price,and are unwilling to ship, and their firm offer is in cash of 113,000 to 115,000 CNY/Ton.

European ferrovanadium prices fall recently, which is effects the confidence of domestic ferrovanadium market. Yesterday’s price was 32-33.25 USD/kg vanadium V. The current domestic offer offerrovanadium import traders is in cash of 110,000 CNY/Ton or so, and said the market procurement enthusiasm is not high with less transactions

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