Analysis on Ferrovanadium Operating Rate and Output in June Before the end of June, vanadium market had a small rebound, the market price of ferrovanadium rose to CNY 135,000/t. While at the beginning of the month, factories decided not to adjust the price to sell goods, and the V2O5 flake price of CNY 120,000/t has profit margin for the downstream, ferrovanadium and vanadium-nitrogen alloy. During the period of price increase, the production enthusiasm of ferrovanadium manufacturers is higher, and this month’s output and operating rate have increased compared with last month.

According to the incomplete statistics of 37 ferrovanadium enterprises, there are about 22 enterprises in production, with a operating rate of about 59.5%, 10.9% higher than that of last month. While the output is about 4,075 tons, an increase of 275 tons from previous month.

Product Operating rate Change MOM Output(Ton) Change MOM(Ton)
Ferrovanadium 59.5% +10.9% 4075 +275