RE:RE:Vanadium Up Vanadium does not trade on the open market. Buyers and sellers negotiate privately. Prices are then assessed / published by independent price consultants. There are many price consultants such as Ferroalloy (based in China), AsianMetal (based in China) and London based Fastmarket MetalBulletin. Each of the price consultants assesses / publishes its own Chinese and European V prices using its own methodology to reflect its view of the markets. FastMarket MB is the most trusted and used by traders in Europe. The V2O5 prices quoted by FM MB are those of V2O5 flake, 98% min in warehouse Rotterdam.
“The price of European V2O5 rose to 6.2-6.5 USD/Lb V2O5, with an average increase of 0.2 USD/Lb V2O5” this sentence comes from an article originated by ferroalloy.com. I don’t know if the “6.2-6.5” was ferroalloy own assessment or copied from FM MB (the MB prices are only for its subscribers eyes). Imo, “6.2-6.5”should be in the same range as MB’s.
The “6.1” comes from vanadiumprice.com which publishes Chinese / Euro V prices based on AsianMetal. The following link shows a list of V prices assessed and published by AsianMetal: .
https://www.asianmetal.com/FerrovanadiumPrice/Ferrovanadium.html
Any way the good news is that V2O5 prices are going up