www.ferroalloynet.com: Vanadium pentoxide price in Europe has been weak since May. At the end of the month, European vanadium price declined slightly, and then remained stable. At the end of May, vanadium prices began to rise slightly in China, then European vanadium prices edged up slightly as well. So far, European vanadium pentoxide is USD 7-7.95/lb, # 98% vanadium pentoxide is CNY 104,600-118,700/t. The transaction price of domestic vanadium pentoxide flake is CNY 120,000-125,000/t, and the price is no less than CNY 125,000/t in retailing market. The domestic price of vanadium pentoxide is higher than that of the European market, and it can not be exported to Europe. In the short term, the price stalemate at home and abroad will continue for a period of time.