Fob China vanadium prices rebound on tightening availability
European vanadium market strengthens further
US ferro-vanadium prices jump; market sees more inquiries
Metal Bulletin’s price quotation for fob China ferro-vanadium min 78% stood at $65-68 per kg on Thursday June 7, up from $63-66 per kg a week earlier. Meanwhile, the price quotation for vanadium pentoxide (V2O5) ticked up to $14.20-15 per Ib, from $14-15 per lb previously.
“I raised my offers to $68 [per lb] from the prior week’s $65-66 and sold one container at $67 over the past week,” a vanadium exporter told Metal Bulletin.
“Demand for vanadium nitride was good in May and availability for ferro-vanadium and V2O5 has been low recently,” the above exporter added.
For vanadium pentoxide, market sources reported prices of at least $14.20 per lb in China’s domestic market, based on domestic costs and...