Vanadium Market Update (March 6, 2013)

Vanadium prices remained sluggish as of the last week of February, despite both bullish comments from several steel business commentators and increasingly brisk trade in other steelmaking metals, like manganese.

Prices for European 98-percent vanadium pentoxide continued their 2013 slide. Since the beginning of the year, the price has dropped 3.7 percent; it currently sits between $6.30 and $6.70 per pound.

Chinese vanadium pentoxide prices have likewise been nosing downward.

During the last week of February, the value of Chinese 98-percent vanadium pentoxide fell 1.19 percent, to between 82,000 and 84,000 renminbi (US$13,181 to $13,502) per MT.

Prices for this product have been in gradual decline since early December, following a sharp run up during November 2012.

Get the Latest Vanadium Investing Stock Information

Get the latest information about companies associated with Vanadium Investing delivered directly to your inbox.

Other Companies

By selecting company or companies above, you are giving consent to receive email from those companies. And remember you can unsubscribe at any time.

FREE Report - How Will Trump Affect Your Gold Investments? 

Trump’s policies are affecting gold. You should know what’s going on. Click here to get our FREE report.

Click here to get your free report!

Discover what the experts see coming in the Age of Trump with our INN Insider's Report free of charge! Includes expert insights into Trump and his effect on mining and gold.


Leave a Reply