European vanadium price fell again

Date: Mar 28, 2019 According to yesterday MB data, it showed that European ferrovanadium price slightly fell to USD 55.5(↓2)-USD 58(↓3.5)/kg, and the price of 50# ferrovanadium was USD 18.68 (0.67)-USD19.52 (1.18)/t, which is the same with domestic ferrovanadium price. At present, the mainstream transaction price of China ferrovanadium is between CNY 200,000-CNY 210,000/t, and the transaction situation is flat. The quotation of manufacturers is gradually reduced due to inventory pressure. Due to the stock pressure, the offer of factories has gradually declined.

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