European FeV prices top 220000 rmb/ton of Chinese FeV50

Date: Mar 22, 2018 With limited inventories, international vanadium market keeps edging higher. On Mar.21, European ferrovanadium prices increase to 70(↑1)-72 $/kg V, equivalent to Chinese FeV50 at 221200(↑2900)-227800 rmb/ton; and vanadium pentoxide prices stabilize in a range of 15-15.5$/lb V2O5, equivalent to Chinese V2O5 flake 98% at 218300-227800 rmb/ton. American ferrovanadium prices remain stable in a range of 33-35 $/lb V.

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