GLOBAL VANADIUM WRAP: Global vanadium prices up on tight supply

The recent uptrend in prices persisted across the Chinese, European and United States’ vanadium markets owing to low availability.

  • Fob China vanadium prices rose on domestic tightness as uptrend continues
  • European ferro-vanadium market strengthened once again amid supply concerns 
  • US ferro-vanadium market ascends on low availability 
Metal Bulletin assessed fob China ferro-vanadium min 78% prices at $67-71 per kg on Thursday June 14, up from $65-68 per kg on June 7.
While the assessment for vanadium pentoxide (V2O5), min 98%, was at $14.50-15.50 per Ib on June 14, up from $14.20-15 per lb the previous week.
Tightness in the domestic market, especially in V2O5, supported the market higher, while higher prices offered in overseas markets were accepted, encouraging Chinese exporters to increase prices, sources said.

“I...

Published

Anna Xu

Chris Kavanagh

June 19, 2018

15:20 GMT

Shanghai, New York