European Vanadium Prices Keep Declining During National Day

www.ferroalloynet.com: 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.

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