Chinese vanadium price rises have increased the differential with the European vanadium market, sparking interest in import business in China, market sources told Fastmarkets.
Fastmarkets assessed the price of ferro-vanadium, 78% V min, fob China at $30-31.50 per kg on Thursday June 11, up by 3.4% week on week and its fourth consecutive weekly rise, while its assessment for the ferro-vanadium basis 78% V min, 1st grade, ddp Western Europe price stood at $24.05-24.90 per kg on June 10, unchanged from the previous assessment and down 10 cents on the high end week on week.Meanwhile, China's vanadium pentoxide (V2O5) price began...