European Vanadium Prices Keep Declining During National Day During the National Day, the domestic vanadium market trading is light, and the price is weak, while the international vanadium prices still have a downward trend. As of October 4, the price of ferrovanadium in European is USD 26(↓0.7)-27 (↓1) / kg vanadium, converting to 50# ferrovanadium is about CNY 92,700(↓2,500)-96,300(↓3,600)/t. The European market price for vanadium pentoxide is USD 6.10(↓0.35)-7.15(↓0.35)/lb vanadium pentoxide, converting to 98% vanadium pentoxide is about CNY 94,000(↓5,400)-110,200(↓5,400)/t. The price of American ferrovanadium drops to USD 13.75-14.50(↓0.5)/ lb.