GLOBAL VANADIUM WRAP: FeV, V2O5 prices rise on upstream tightness, upbeat demand

The global vanadium market continued to find support last week, stemming from China and tight supplies of vanadium pentoxide.

  • Upstream tightness comes to the fore and V2O5 prices jump as sellers decline to offer
  • Ferro-vanadium prices make steady gains amid unseasonable consumer buying
  • US market continues to firm despite limited consumer purchasing activity

China’s export prices for V2O5 rose last week, as tightness elsewhere diverted inquiries toward Asia.
Metal Bulletin assessed V2O5 prices at $9.10-9.80 per lb, fob China, on Thursday December 7, 3.8% higher than a week earlier.
Most Chinese V2O5 exporters declined to offer, but assessed prices toward the low end of the range, based on closing prices in China. One exporter closed a 40-tonne deal at $9.90 on a cif basis, with the material heading to Europe.

“Low availability [of V2O5] in Europe has caused some buyers there come to us,” the seller said. “That was a firm offer in late...

Published

Charlotte Radford

Anna Xu

Chris Kavanagh

December 12, 2017

09:22 GMT

London, Shanghai, New York