Chinese export prices jump with spot units in limited supply amid persistent foreign inquiries European ferro-vanadium prices surge in the second half of the week after sellers hold firm with their offers Thin spot supply, strength in foreign markets fuel US ferro-vanadium prices Prices for vanadium pentoxide (V2O5) from China showed particular strength over the past week, jumping to $16.70-17.65 per lb on Thursday June 28, an increase of 9.7% from the previous week’s assessed range of $14.80-16.50 per lb. Buyers of the raw material have faced a protracted tight supply scenario over the past 18 months, but that has intensified over recent weeks “Supply of V2O5 [in the physical market] is much tighter than ferro-vanadium after Jianlong Group started vanadium nitride production lines one month ago,” a vanadium pentoxide exporter said. Offers were reported as high as $18 per lb on an fob China basis, and even as high as $19...