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Event Movement

Price Rises Slightly in International Market

URL: http://www.ferroalloynet.com/analysis/price_rises_slightly_in_international_market.html
Posted: Thu, 10 Jan 2019 02:37:00 GMT [72 days ago]
Keywords: Vanadium Pentoxide Vanadium Nitrogen Ferrovanadium Vanadium
Channel: Worldwide Market Analysis
Tags: Vanadium Vanadium Pentoxide Ferro Vanadium Vanadium Nitrogen
Summary: www.ferroalloynet.com: data from last Friday showed that vanadium prices rose slightly in the international market. On January , the European ferrovanadium market was trading at - USD/Kg V, eq...
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www.ferroalloynet.com: data from last Friday showed that vanadium prices rose slightly in the international market. On January 4, the European ferrovanadium market was trading at 74-76USD/Kg V, equivalent to about 254,000-260,900 yuan/ton of ferrovanadium 50#, increased by 14,000 yuan/ton compared with the price on January 2, slightly higher than domestic prices.
The price of vanadium pentoxide in European market is 15.5-16.5USD/lb V2O5, up slightly by 0.5USD/lb V2O5, equivalent to about 229,900-244,800 yuan/ton of V2O5 98%, the US ferrovanadium market price is between 42-45USD/lb V2O5.
In recent days, the domestic market has been stimulated by the upsurge of pre-holiday stockpiling. The spot quantity of raw materials has gradually tightened and the price has fluctuated slightly, which has affected the export volume and international vanadium price of the export market. It is expected that there will be a slight upward space at the raw material end of the domestic vanadium market in January. However, the price of vanadium-nitrogen alloys has been rising weakly, and it is difficult to raise the price substantially because the raw material end is suppressed.

 


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