International vanadium market is still falling and the trading is also deadlocked
Date: Mar 25, 2019
www.ferroalloynet.com: According to data released Friday, the price of international vanadium fell to USD 57.5-61.5/kg vanadium, dropped by USD 2.50/ kg vanadium compared with last Wednesday, and the price of 50# ferrovanadium was about CNY 193,100-206,500/t which is lower than domestic market price. The European market price for vanadium pentoxide fell to USD 13.25-14.5/lb vanadium pentoxide. The price of 98% vanadium pentoxide was about CNY 195,200-210,400/t, down about CNY 35,000/t on average compared with the previous week. The market price of American ferrovanadium was USD 36(↓1)-37(↓3)/lb, with slight adjustment.
