European ferrovanadium market prices continue to drop slightly
From May 25 British "metal Herald" (MB) of vanadium products in the market rates, Strain ferrovanadium market in Europe is still in the declining trend of small, to Friday prices had declined to 37.6-39 U.S. dollars / kg of vanadium, and V2O5 prices will continue to remain at 7.7-8.1 U.S. dollars / pounds of vanadium, the U.S. market ferrovanadium have temporarily stabilized at 18-20 U.S. dollars / pounds. A trader said current market demand is weakening ferrovanadium market price decline mainly As before V2O5 market prices rising, ferrovanadium, taking advantage of the favorable rise a lot, Now once a market demand and prices are declining to be normal, He also said that the current market for vanadium products demand is still relatively short, the short term is difficult to 1,207 possibilities.
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