A few spot FeV sales in the US and Europe indicated lower prices. A US mill reportedly purchased 10,000 lb at $14.65 per lb. A trader said he had lost an even smaller business at below $14.60. In Europe, less than truckload sales were booked at $30.50 per kg, and most sellers admitted that prices .
However, FeV price 78-85% grade in China, export price quoted usd38.8/kg v FOB basis,
Due to increasing demands from Chinese Steel and Battery industry, FeV price keep very
stable and stronger than European market. another reason is price of V2O5 ,which it is higher due to shortage of supply.
It is hard to export from China, but due to big difference price between two markets, China is the right time to import FeV from Western suppliers.
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