European Vanadium Pentoxide Flake Market Sees Bullish Market Mentality

BEIJING (Asian Metal) 18 Mar 22 – Due to the tight supply in spot market, most European vanadium pentoxide flake 98%min suppliers held bullish attitude during the past week. Currently, the mainstream prices of European vanadium pentoxide flake 98%min stand at USD12.3-12.5/lb V2O5 in warehouse Rotterdam, up by USD0.2/lb V2O5 from late last week. Considering that most suppliers prefer to hold back from selling now, insiders believe that mainstream prices of European vanadium pentoxide flake 98%min would edge up in the coming week.

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