International vanadium prices settled down

Date: Nov 22, 2018 On November 21, European ferrovanadium prices stabilized at 126-128$/kg V, equivalent to Chinese FeV50 at 436300-4443200 rmb/ton; and European vanadium pentoxide prices remained unchanged at 28.5-29.15 $/lb V2O5, equivalent to Chinese V2O5 98% flake at 426400-436100rmb/ton; American ferrovanadium prices stabilized at 55.5-57 $/lb V.

Meanwhile, Chinese ferrovanadium 78% min export prices stabilized at 130-140 $/kg V, fob China, and Chinese V2O5 98% min prices remained stable at 31-33 $/lb V2O5, fob China. Chinese vanadium export prices hold firm , while Chinese domestic vanadium market is softening.

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