European Vanadium Pentoxide Flake Prices Increase

BEIJING (Asian Metal) 25 Nov 22 РAs few suppliers would like to send their goods to European warehouse in advance due to the negative demand expectation in this winter, European vanadium pentoxide flake 98%min market saw tight supply and suppliers who had inventory had strong intention to increase prices during the past week. Currently, the mainstream prices of European vanadium pentoxide flake 98%min stand at USD7.6-7.8/lb V2O5 in warehouse Rotterdam, up by USD0.2/lb V2O5 from late last week. Considering that few suppliers have inventory pressure but demand stays soft for the moment, insiders believe that the mainstream prices of European vanadium pentoxide flake 98%min would stay in a stalemate in the coming week.

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