www.ferroalloynet.com:In January, the production rate of vanadium raw material manufacturers decreased slightly, and the production of ammonium metavanadate and V2O5 flake significantly decreased compared with last month. The stable production of ammonium metavanadat manufacturers are few, and at the end of the year, suspending production increased, so the market circulation resources are not tightly.In January, the total production of V2O5 flake decreased by 1010 tons. Alloy factory operating rate is relatively stable; ferrovanadium and VN alloy production has increased, so the enthusiasm of manufacturers production is still relatively high.

Product Output in Jan(Ton) Change MoM (Ton) Operating rate in Jan Change MoM
AMV 710 ↓242 31.80% ↓9.1%
V2O5 powder 884 ↑23 44.80% ↑2.4%
V2O5 flake 9390 ↓1010 74.10% ↓7.4%
FeV 3620 ↑20 54.30% ↑2.9%
VN alloy 5714 ↑210 71.10% ↓6.7%

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