Global ferro-vanadium and vanadium pentoxide (V2O5) prices experienced considerable gains over the past week, taking their cue from strength in the Chinese domestic market.
Chinese ferro-vanadium, V2O5 export prices rise in response to strength in domestic market European ferro-vanadium prices strengthen in line with Chinese market European V2O5 prices surge on supply concerns US FeV market continues to run higher amid strength in global markets, supply tightnessFob China vanadium prices continued to be supported by a strong domestic market, with increasingly higher prices heard in the export market over the past week. Metal Bulletin's latest assessment of fob China ferro-vanadium (min 78%) prices was at $76-80 per kg on Thursday July 5, up from $72-78 per kg a week earlier. "The ferro-vanadium export market is in chaotic, and exporters with limited stocks are quoting from $80 to $88 [per kg], but a few deals were heard at $76-78," a ferro-vanadium exporter told Metal Bulletin. Meanwhile, fob China prices for V2O5...