The Export Volume Of Vanadium Pentoxide In August Increased By About 76.8% Month-On-Month

www.ferroalloynet.com: The latest data from the customs of the export of vanadium pentoxide shows that China’s export volume of vanadium pentoxide in August was 334.2 tons. The comparison in recent years is as follows: (unit: ton)

Year July August
2020 433.401 274
2021 189.005 334.2

In August, China exported 334.2 tons of vanadium pentoxide, an increase of 145.195 tons compared with that in July, an increase of about 76.8% compared with the previous month, and an increase of 60.2 tons compared with August last year, an increase of 21.9% year-on-year.

Year 2019 2020 2021
August 414 274 344.2

The export volume of vanadium pentoxide ended its decline in August, which was a substantial increase from the previous month. Due to the continuous decline of domestic vanadium alloys, there are more manufacturers that stop and reduce production, downstream procurement demand has decreased and the price reduction has continued to increase, and domestic vanadium pentoxide has continued to decline for nearly two months. Although the price of V2O5 flake abroad is also declining, the overall international price in August was higher than that in the domestic market. Therefore, some enterprises increased their willingness to export, and the export volume increased significantly in August.

www.ferroalloynet.com