www.ferroalloynet.com: In November, vanadium prices fell first, then stabilized, then fell. The operating rate of upstream raw material manufacturers was relatively stable, and the market supply increased. The operation rate of downstream alloy plants increased, and the output of ferrovanadium and VN alloy increased. Due to the steel tenders, the situation of oversupply still put pressure on vanadium price, and vanadium price fell again at the end of the month.

Product
Output in Oct.(Ton)
Change(Ton)
Operating rate in Oct.(%)
Change(%)
Ammonium metavanadate
770
↑60
28.3%
Vanadium pentoxide(Powder)
775
43%
Vanadium pentoxide(Flake)
8480
50%
↓16.7%
Ferrovanadium
3690
↑340
47.2%
↑4%
Vanadium-nitrogen
5235
↑450
74%
↑7.3%

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