Trade log November 2019: Ferro-Vanadium, V2O5

The latest ferro-vanadium and vanadium pentoxide (V2O5) transactions, bids, offers and assessments in Europe and China.

To view the latest price assessments, follow the links below:

Europe
– Ferro-vanadium basis 78% V min, 1st grade, ddp Western Europe, $/kg V
– Vanadium pentoxide 98% V2O5 min, in-whs Rotterdam, $/lb V2O5

China
– Ferro-vanadium 78% V min, fob China, $/kg V
– Vanadium pentoxide 98% V2O5 min, fob China, $/lb V2O5

Wednesday November 13
Ferro-vanadium – $22.00-23.75 per kg
– 5 tonnes sold at $25.20 per kg in Europe
– Prices indicated at $21.60-23.60 per kg in Europe
– 6 tonnes sold at $23.60 per kg in Europe
– 5 tonnes sold at $23.50 per kg in Europe
– 25 tonnes sold at $22.50 per kg in Europe
– 15 tonnes sold at $22.50 per kg in Europe
– 4 tonnes sold at $23 per kg in Europe
– Offer at $23 per kg in Europe
– Prices indicated at $22-23 per kg in Europe
– Offer at $23 per kg in Europe
– 5 tonnes bought at $23.50 per kg in Europe
– Offer at $24 per kg in Europe
– 4 tonnes sold at $23.30 per kg in Europe
– Offer at $24 per kg in Europe
– Material reported sold at $23 per kg in Europe
– Prices indicated at $21.60-22.50 per kg in Europe
– 6 tonnes reported sold at $21.50-21.80 per kg in Europe
– Offer at $22.50 per kg in Europe
– 5 tonnes sold at $22 per kg in Europe
– Offer at $24 per kg in Europe
– Prices indicated at $23 per kg in Europe
– 5 tonnes sold at $22.50 per kg in Europe
– 5 tonnes sold at $23 per kg in Europe
– 2 tonnes sold at $23.50 per kg in Europe
– Prices indicated at $21.00-21.50 per kg in Europe
– Offer at $22 per kg in Europe
– 12 tonnes sold at $23.75 per kg in Europe
– Offer at $24 per kg in Europe
– 5 tonnes bought at $23.20 per kg in Europe
– Offers at $24.05-24.25 per kg in Europe

Friday November 8
Ferro-vanadium – $20.60-21.60 per kg
– Prices indicated at $21 per kg in Europe
– Material sold at $20.60 per kg in Europe
– 25 tonnes sold at $20.80 per kg in Europe
– 5 tonnes sold at $20.60 per kg in Europe
– Offer at $23 per kg in Europe
– Offer at $21.70 per kg in Europe
– Bids at $20.80-20.90 per kg in Europe
– Prices indicated at $20.50 per kg in Europe
– 10 tonnes sold at $21.60 per kg in Europe
– 3 tonnes sold at $20.50 per kg in Europe
– 4 tonnes sold at $20.30 per kg in Europe
– Prices indicated at $20.00-20.50 per kg in Europe
– 8 tonnes offered at $22 per kg in Europe
– Prices indicated at $20.50 per kg in Europe

V2O5 – $4.45-5.00 per lb
– Offer at $5 per lb in Europe
– Prices indicated at $4.45-5.00 per lb in Europe
– Bid at $4.50 per lb in Europe
– Offer at $5 per lb in Europe
– Prices indicated at $5.00-5.50 per lb in Europe
– Offers at $5.00-5.50 per lb in Europe
– Offer at $5.50 per lb in Europe
– Bid at $4.50 per lb in Europe
– Prices indicated at $5.00-5.50 per lb in Europe
– Offer at $5.50 per lb in Europe
– 20 tonnes sold at $4 per lb in Europe

• Fastmarkets’ price assessment for vanadium pentoxide in-whs Rotterdam remains unchanged at $4.45-5.00 per lb.
• A 20-tonne deal at $4 was reported between a consumer and a trader but was not included in the final assessment and was viewed as an outlier in the context of data submitted by other parties.
• A producer reported an offer at $5 per lb and estimated the market at $4.45-5.00 per lb.
• A second producer reported an offer at $5 per lb and a bid at $5 per lb.
• A third producer reported offers at $5.00-5.50 per lb and estimated the market at $5.00-5.50 per lb.
• A fourth producer reported an offer at $5.50 per lb.
• A trader reported an offer at $5.50 per lb and a bid at $4.50 per lb while estimating the market at $5.00-5.50 per lb.
• Fastmarkets’ price range remains unchanged with little spot business concluded this week, and indications that material availability has tightened. We await further deals from other parties before moving the range.

Wednesday November 6
Ferro-vanadium – $20-20.5 per kg
– Prices indicated at $20.50-21.00 per kg in Europe
– Prices indicated at $20-21 per kg in Europe
– Offers at $20.50-2.001 per kg in Europe
– 20 tonnes sold at $20.50 per kg in Europe
– Prices indicated at $20.50-21.00 per kg in Europe
– Prices indicated at $20.50-21.00 per kg in Europe
– Offer at $21 per kg in Europe
– Prices indicated at $20.00-20.50 per kg in Europe
– Material reported sold at $20.00-20.50 per kg in Europe
– Prices indicated at $20.00-20.50 per kg in Europe
– Prices indicated at $20.00-20.50 per kg in Europe
– 10 tonnes bought at $20.50 per kg in Europe
– 50 tonnes bought at $20 per kg in Europe
– Offers at $20.00-20.50 per kg in Europe

Friday November 1
Ferro-vanadium – $20.50-21.00 per kg
– 5 tonnes offered at $20.70 per kg in Europe
– 5 tonnes offered at $20.80 per kg in Europe
– Prices indicated at $20.50-21.00 per kg in Europe
– Prices indicated at $20.50-21.00 per kg in Europe
– Prices indicated at $20.50-21.00 per kg in Europe
– Prices indicated at $20-21 per kg in Europe
– 3 tonnes sold at $20.05 per kg in Europe
– 3 tonnes reported sold at $20.50 per kg in Europe
– 3 tonnes sold at $19.95 per kg in Europe
– Prices indicated at $20.50-21.00 per kg in Europe

V2O5 – $4.45-5 per lb
– Prices indicated at $4.45-5.00 per lb in Europe
– Prices indicated at $4.45-5.00 per lb in Europe
– Prices indicated at $4.45-5.00 per lb in Europe
– Prices indicated at $4.45-5.00 per lb in Europe
– Prices indicated at $4 per lb in Europe
– 10 tonnes offered at $6 per lb in Europe
– 20 tonnes offered at $6 per lb in Europe

• Fastmarkets’ price assessment for vanadium pentoxide in-warehouse Rotterdam remains unchanged at $4.45-5.00 per lb with no spot business reported.
• Two traders and two producers saw the market as stable, while one consumer indicated the market at $4 per lb.
• A trader reported two offers at $6 per lb.

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