Weak End-user Demand In Europe Puts Pressure On Vanadium Prices
European vanadium pentoxide (V2O5) and ferro-vanadium prices fell again last week due to suppliers continuing to lower their offers to secure limited spot business.
Fastmarkets assessed the vanadium pentoxide 98% V2O5 min, in-warehouse Rotterdam price at $5.50-6 per lb on Friday May 29, down 3.4% from the previous week’s assessment of $5.50-6.40 per lb.
Offers for V2O5 continued to move lower, according to market sources, while 40 tonnes of material exchanged hands last week at…
Offers for V2O5 continued to move lower, according to market sources, while 40 tonnes of material exchanged hands last week at…
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