European V2O5 leads vanadium price slump amid growing fears of global economic slowdown

The vanadium pentoxide price in Europe tumbled by more than 20% last week amid weakening demand and a falling alloys market, driven by growing fears of a global economic slowdown due to the novel coronavirus (2019-nCov) outbreak.

Fastmarkets' price assessment for vanadium pentoxide 98% V2O5 min, in-whs Rotterdam, fell 20.2% on Friday March 13 to $4.80-5.50 per lb from the previous week’s assessment of $5.80-7.10 per lb, which...

Published

Ewa Manthey

Amy Lv

March 16, 2020

17:23 GMT

Shanghai, London