China vanadium market sentiment improves despite flat prices

Sentiment improved in the Chinese market for vanadium after positive signals emerged from the meeting of the country’s Politburo earlier this week, but the spot price remained flat, industry sources told Fastmarkets on Thursday July 27.

Fastmarkets’ weekly price assessment for vanadium pentoxide, 98% V2O5 min, exw China, was 105,000-106,000 yuan ($14,676-14,816) per tonne on Thursday, the same as a week earlier.