Vanadium Prices In International Market Are Stable Temporarily According to the data released last night, the international vanadium market has been running steadily for the time being, and the market transaction price has little change. Up to now, European ferrovanadium price is USD 31-32.15/kg vanadium, converting to 50# ferrovanadium is about CNY 108,800-112,900/t. The European market price for vanadium pentoxide is stable at USD 7-7.5/lb vanadium pentoxide, converting to 98% vanadium pentoxide is about CNY 106,200/t- CNY 113,800/t. The price of American ferrovanadium is USD 14.65-15.25/ lb, temporarily stable.

The decline of domestic vanadium price also has an impact on the international vanadium market. The spot of ferrovanadium and vanadium pentoxide in European market is limited, and it is difficult to import vanadium products under the circumstances of price difference and sufficient domestic supply.