European FeV market slumped

Date: Dec 6, 2018 On December 5, European ferrovanadium prices slumped to 105(-9)-110(-10) $/kg V, equivalent to Chinese FeV50 at 360000(↓36500)-377100(↓40200) rmb/ton; and European vanadium pentoxide prices stabilized at 28.5-29.15 $/lb V2O5, equivalent to Chinese V2O5 98% flake at 422200-429600rmb/ton; American ferrovanadium prices stabilized at 54.5-56 $/lb V. European ferrovanadium priced plunged as traders were active to take profit with lower and lower price.

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