The European vanadium products traded up and down last Friday night, but the overall price decline trend is still obvious; according to export companies, the recent international demand is still relatively weak, and the new export orders are small. On May 12, European ferrovanadium price was 32 (up 0.15)-33.67 (down 1.34) USD/Kg V, equivalent to the price of ferrovanadium50 about 111,300-117,100 CNY/Ton; European vanadium pentoxide was 7.5 (down 0.5)-8.51 (down 0.75) USD/Lb, equivalent to vanadium pentoxide98% about 112,500-127,800 CNY/Ton; U.S. ferrovanadium was 17.25-18 USD/Lb V, equivalent to the price of ferrovanadium50 about 131,900-137,800 CNY/Ton.
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