European Ferrovanadium Prices Decline

BEIJING (Asian Metal) 15 Jul 22 – As more and more buyers started to leave the market for Summer Holidays, European ferrovanadium 80%min market saw rare inquiries during the past week and the market mentality stayed negative. Currently, the mainstream prices of European ferrovanadium 80%min stand at USD35-35.5/kg V in warehouse Rotterdam, down by USD1/kg V from late last week. Considering that few terminal users would like to add their inventory and inquiries in spot market stay rare, insiders believe that the mainstream prices of European ferrovanadium 80%min would move down further in the coming week.

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