International Vanadium Prices Maintain Stability According to the data released last night, the international vanadium market has been running steadily. European ferrovanadium price keeps at USD 31-32.15 / kg vanadium, converting to 50# ferrovanadium is about CNY 109,500-113,500/t. The European market price for vanadium pentoxide is stable at 6.8-7.5/lb vanadium pentoxide, converting to 98% vanadium pentoxide is about CNY 103,800/t- CNY 114,400/t. The price of American ferrovanadium is USD 14.75-15.25/ lb, temporarily stable.

At present, there is still less trading activity in the spot market of vanadium products in Europe, but the summer break in Europe is coming to an end, it is expected that a slow recovery will begin at the end of August. According to the traders, inquires in the European market have increased recently, but the transactions have lagged behind temporarily.