BEIJING (Asian Metal) 16 Dec 22 – Due to the tight supply in spot market, European vanadium pentoxide flake 98%min market mentality stayed solid during the past week. At present, the mainstream prices of European vanadium pentoxide flake 98%min stand at USD7.8-8.0/lb V2O5 in warehouse Rotterdam, unchanged from late last week. Though few suppliers have inventory now, considering that downstream vanadium alloy prices couldn’t offer effective support, insiders believe that the mainstream prices of European vanadium pentoxide flake 98%min would stay in a stalemate in the coming week.
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