Metal Bulletin reports that limited stocks and steady demand have pushed V2O5 and FeV prices higher in December.In Europe, V2O5 prices were assessed at $8.60-9 per lb, a 10% increase from last week's."For shipment it's almost impossible to get an offer," a trader said."The deficit is now coming to bear fruit. The world just doesn’t have enough vanadium units," a supplier source said.Market participants suspect prices will continue to strengthen amid the bullish global sentiment in the weeks ahead.
Continued vanadium supply tightness affirms higher prices in China and Europe
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