PRICING NOTICE: Reduction in frequency of V2O5 quotation

Metal Bulletin plans to reduce the frequency with which it publishes the vanadium pentoxide price quotation in Europe from Friday January 29.

Metal Bulletin plans to reduce the frequency with which it publishes the vanadium pentoxide price quotation in Europe from Friday January 29.

The market is agreed to be often extremely illiquid and the change is aimed at allowing Metal Bulletin to capture a larger number of data points, from as many market participants as possible.

From January 29, the frequency of publication would be reduced from twice a week, to once a week on Fridays. Publication time would still be between 14:00 and 15:00 London time.

Market participants have until January 25 to respond to this notice.

The chemical specification and delivery terms would be as follows:

Price: Vanadium pentoxide min 98% in-warehouse Rotterdam $/lb V2O5
Basis: In-warehouse Rotterdam
Currency: USD
Unit: per lb V2O5
Min lot size: 18 tonnes (+/- 5%)
Payment terms: Cash, other payment terms normalised
Quality: 98.00% min; Si 0.25% max; Fe 0.30% max; S 0.03% max; P 0.05% max; As 0.02% max; Na2+K2O 1.50% max.
Form: Brown flake
Publication: Weekly. Between 2pm and 3pm London time on Friday

Comments and questions on this should be sent to Claire Hack at chack@metalbulletin.com

Questions relating to Metal Bulletin’s pricing methodology and policy should be sent to Metal Bulletin market data and compliance manager Paolo Sorze at paolo.sorze@metalbulletin.com or Metal Bulletin editor Alex Harrison at aharrison@metalbulletin.com

Claire Hack
chack@metalbulletin.com
Twitter: @clairehack_mb

What to read next
A summary of second-quarter and first-half results posted by Aluminium Bahrain (Alba) for the period ending June 30, 2022
The publication of Fastmarkets’ daily steel hot-rolled coil index, domestic, ex-works Northern Europe and daily steel hot-rolled coil index, domestic, exw Italy for Monday August 15 took place earlier than scheduled due to a reporter error.
Fastmarkets invites all nickel market participants to provide feedback on its initiative to launch a price for the physical mixed-hydroxide-precipitate (MHP) market.
Inquiries for supplies of low-carbon aluminium in Europe for 2023 are steadily increasing, leading a growing number of market participants to write the Fastmarkets low-carbon aluminium differentials into their contracts
The Inflation Reduction Act in the United States may ironically cause global metal market prices to rise for some metals used in electric vehicles (EVs), Fastmarkets sources said
Globalization, financialization and other key differences in today’s metals markets make comparisons to past periods of inflation potentially misleading. Fastmarkets experts discuss.
We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
Proceed