European Ferrovanadium Prices Keep Declining

BEIJING (Asian Metal) 10 Jun 22 РDue to the coming Summer Holidays, most suppliers preferred to clear their inventory as soon as possible and the market mentality stayed negative during the past week. Currently, the mainstream prices of European ferrovanadium 80%min stand at USD36.5-37/kg V in warehouse Rotterdam, down by USD0.5/kg V from late last week. Considering that most buyers prefer to watch the market and inquiries in spot market stay rare now, insiders believe that the mainstream prices of European ferrovanadium 80%min would keep moving down in the coming week.

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