The ferro-vanadium and vanadium pentoxide markets have become disconnected in Europe, as it becomes less commercially viable to buy oxide for conversion, according to a trader.

Contrary to expectations, the vanadium pentoxide price dropped to $5.20-5.50 per lb on Friday May 2, down from $5.40-6.10 per lb, while the ferro-vanadium price climbed to $26.90-27.30 per kg, up from $26.80-27.10 per kg. 

• [Editor:Mango]