- Chinese ferro-vanadium, vanadium pentoxide prices fall on softer demand outside of China.
- European ferro-vanadium market slides on pressure from quiet spot market
- European V2O5 prices decline amid softening Chinese export prices
- Foreign weakness drives down US ferro-vanadium prices.
Chinese fob China ferro-vanadium and vanadium pentoxide (V2O5) prices fell amid softening demand outside China.
Metal Bulletin’s latest assessment for fob China ferro-vanadium min 78%
was $67-70 per kg on Thursday April 12, down from $68-70 one week ago, and the benchmark quotation for V2O5
fell to $14.50-15.60 per Ib from $14.50-15.80 in the previous week.
“Demand from overseas market is softening and I lowered my offers [for ferro-vanadium] to $67...