GLOBAL VANADIUM WRAP: European, US vanadium prices decline, traders continue to take profits

The vanadium markets in Europe and the United States retreated last week, with traders continuing to sell off inventories to protect against weakening prices in the Chinese market as well as slowing spot market demand.

  • 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...

Published

Anna Xu

Chris Kavanagh

April 17, 2018

14:24 GMT

New York, Shanghai