Summary Analysis On Vanadium Operating Rate And Output In October 2020 by the decline of vanadium price, in October, the production of ammonium metavanadate and vanadium pentoxide slightly reduced, and the cost of vanadium extracting from stone coal is high, so some small factories are difficult to continue produce. Some vanadium manufacturers stop production and wait-and-see. At the alloy end, the output of VN alloy decreased by 655 tons compared with that of last month. Some manufacturers stopped production for insulation and reduced production pressure. The production of ferrovanadium was relatively stable, up 60 tons compared with last month.

Product Output in Oct(ton) Change MoM (ton) Operating rate in Oct Change MoM
AMV 988 ↓209 40.9% ↓6.8%
V2O5 powder 643 ↓160 39.4% ↓0.6%
V2O5 flake 10200 ↓66 74.1% ↓2.8%
FeV 3540 ↑60 61.1% ↑1.6%
VN alloy 5175 ↓655 71.1% ↓2.2%