Vanadium prices9 Aug 2018 08:54
European V2O5 prices declined
Date: Aug 8, 2018 www.ferroalloynet.com: Yestarday, European vanadium pentoxide prices decreased to 18.5(↓0.5)-19.25(↓0.4) $/lb V2O5, equivalent to 273000(↓7400)-284100(↓5900) rmb/ton, almost equal to Chinese domestic market prices.
Ferrovanadium stocks sit at lows
Date: Aug 8, 2018 www.ferroalloynet.com: Chinese ferrovanadium market has been tight in supply and the production shows no signs of resumption. The manufacturers with large production have to reduce production due to the environmental inspections or low availability of raw materials. Most factories in production are producing according to their contracted orders and August production has been scheduled fully, without intention of storing up materials. Meanwhile, middlemen can’t find materials.
Chinese vanadium price indexes remain stable
Date: Aug 8, 2018 www.ferroalloynet.com: On August 8, Chinese vanadium comprehensive index is 291.49, unchanged from yesterday, unchanged week-on-week, up 3.22% month-on-month, and up 31.71% year-on-year. Ferrovanadium 50% spot index is 275000 rmb/ton, unchanged from yesterday, unchanged week-on-week, up 3.77% month-on-month, and up 29.41% year-on-year.