European FeV and V2O5 prices are increased

Date: Jun 4, 2018

www.ferroalloynet.com: On June 1, European ferrovanadium prices continued to rise to 66.25(↑1.25)-67.5(↑1.5) $/kg V, equivalent to Chinese FeV50 at 212500(↑4000)-216600(↑5800) rmb/ton; and European vanadium pentoxide prices increased slgihtly on low end to 14(↑0.15)-14.5 $/lb V2O5, equivalent to Chinese V2O5 flake 98% at 194000(↑3000)-199700 rmb/ton. American ferrovanadium prices continued to fall slightly to 31.1(↓0.1)-32.2(↓0.05) $/lb V.

Meanwhile, Chinese ferrovanadium 78% min export prices stabilized at 63-66 $/kg V, fob China, and Chinese V2O5 98% min price range changed to 14(↓0.2)-15(↑0.1) $/lb V2O5, fob China.

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