Summary and Analysis on Vanadium Products Operating Rate and Output in October

www.ferroalloynet.com: In October, the output of vanadium products decreased to some extent, and the operating rate of ammonium metavanadate, ferrovanadium and vanadium-nitrogen alloy production enterprises decreased slightly. Vanadium prices have been falling in October, and some alloy plants continue to lose money in production, with more enterprises shutting down production and reducing production. The output of V2O5 in Pangang is stable with 3,400 tons, and 1,000 tons for HBIS, 200 tons less than that of last month. The total output of the three large V2O5 flake plants has little fluctuation, which is about 2,680 tons.

Product
Output in Oct.(Ton)
Change(Ton)
Operating rate in Oct.(%)
Change(%)
Ammonium metavanadate
710
↓45
28.3%
↓7.9%
Vanadium pentoxide(Powder)
775
↓55
43%
Vanadium pentoxide(Flake)
8480
↓630
66.7%
Ferrovanadium
3350
↓460
43.2%
↓5.2%
Vanadium-nitrogen
4785
↓335
66.7%
↓4.4%

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