Vanadium prices16 Jan 2019 08:40
Chinese vanadium pentoxide flake prices increase
Date: Jan 16, 2019 BEIJING (Asian Metal) 16 Jan 19 – Currently, mainstream prices for Chinese vanadium pentoxide flake 98%min are RMB215,000-218,000/t (USD14.74-14.94/lb V) EXW D/A 180 days, up by RMB5,000/t (USD0.34/lb V) from late last week. Considering the bidding prices of downstream FeV and VN increased, insiders believe prices of this raw material would keep firm in the coming week. A consumer in South China revealed the quote for vanadium pentoxide [
Vanadium prices remain strong into 2019 as further new energy applications are developed
Date: Jan 16, 2019 Despite its enormous potential as a new energy mineral, steel remains the primary price driver for vanadium. China consumes about 92% of global vanadium production Vanadium was the best performing battery mineral in the last 12 months, based on price increases, with most of global supply going to steel production. Present vanadium supply is largely dominated by coke production in steel markets, with vanadium use in batteries growing