GLOBAL VANADIUM WRAP: Vanadium market sees uptrend across Europe, US and China

Vanadium prices continued their ascent in the European and US markets amid tightened supply and an uptick in activity, while Chinese vanadium prices began to recover on low availability of material.

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...

Published

Anna Xu

Chris Kavanagh

June 12, 2018

09:40 GMT

Shanghai, New York