www.ferroalloynet.com: During the Labour Day period, the international vanadium price was weak and adjusted within a narrow range. On May 3, European ferrovanadium was 32.3 (down 0.6)-35.01 (up 0.5) USD/Kg V, equivalent to the price of ferrovanadium50 about 111,600-120,900 CNY/Ton; European vanadium pentoxide was 9.5-10.01 USD/Lb, equivalent to vanadium pentoxide98% about 141,800-149,400 CNY/Ton; U.S. ferrovanadium was 17.25-18.5 USD/Lb V, equivalent to the price of ferrovanadium50 about 131,400-140,900 CNY/Ton.
On the one hand, the demand in Europe is weak, on the other hand, the international supply is sufficient. Recently, the price of ferrovanadium in Europe continues to run weakly; the price of vanadium pentoxide in Europe and the price of ferrovanadium in the United States have also been lowered.
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