Chinese export prices soften on thin trading
European vanadium prices remain under pressure amid profit-taking
US FeV market grinds to a halt, prices flat
The Chinese vanadium export market was quiet in the week ended Friday May 18, with prices softening amid thin spot activity.
Metal Bulletin assessed the fob China ferro-vanadium min 78% price at $63-66 per kg on May 17, slightly down from the prior week’s assessed price of $64-66 per kg.
“Sentiment in the export market is not good with the sluggish demand and lower bids… I have lowered my offers to $65 [per kg] from around $68-69 a week ago,” a ferro-vanadium exporter said.
A second ferro-vanadium exporter agreed that demand from...