Chinese vanadium export price halts decline on supportive domestic market

The tumble in the ferro-vanadium export price in China paused last week, buoyed by a mild recovery in the domestic market last week after buying interest among downstream mills returned.

Fastmarkets’ assessment of the export price for ferro-vanadium, 78% V min, fob China was $36-39 per kg on Thursday August 29, flat week on week. The price has fallen by 8.5% during the month from $40-42 per kg on August 1. No deals for ferro-vanadium were heard to have been concluded in the export market last week because the price difference between China and Europe is still wide enough to hinder trades. Fastmarkets’ ferro-vanadium basis 78% V min, 1st grade, ddp Western Europe price widened downward to $30.80-32 per kg on Friday, down...

Published

Susan Zou

Amy Lv

September 03, 2019

09:35 GMT

Shanghai