Fastmarkets last assessed the
European ferro-vanadium price at $22.50-24 per kg on Friday January 10, up from the mid-week assessment of $22.50-23.25 per kg on Wednesday, when prices had moved up from $21.95-22.50 per kg on January 3.
The trading range has widened amid a pick-up in spot market activity, market sources said.
"The market is looking alive again this week," a producer said. "There is also demand coming from end users, not only traders, which is a good sign, with end users ready to buy material forward."
"It's getting difficult to secure prompt material. Offers are moving up quickly now to above $24 per kg," one trader said.
The vanadium pentoxide 98% V2O5 min, in-warehouse Rotterdam price...
