OTCQX:FVANF - Post by User
Post by
MilitaryManon Jul 19, 2018 7:06am
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Post# 28336991
VO25 prices continue to rise
VO25 prices continue to rise China: US$18.9 (+0.53%)
Jul 19, 2018
Europe: US$19.15 (+0.52%)
Jul 19, 2018
https://tngltd.com.au/investor_centre/media_articles.phtml
19 July 2018 | Vanadium market continues its rise Metal Bulletin reports that vanadium prices continued to rise on the back of a strong Chinese market. In China prices for V2O5 jumped to $18.50-19 per Ib on July 5, from $18-18.75 a week earlier. In Europe prices stood at $18.90-19.85 per lb, up 3.3% from $18.50-19 per lb a week earlier. “Supply of V2O5 is still tight [in China] and few exporters can provide spot cargoes, so offers are ranging widely,” a V2O5 exporter told Metal Bulletin. “There is still plenty of room for this to run. The lack of liquidity in the market has slowed the price movement down, but it will pick up again once some more inquiries are booked. The market is incredibly tight right now,” a supplier source told AMM (Metal Bulletin US affiliate) |