Vanadium Consumption Analysis In May 2020
www.ferroalloynet.com:According to incomplete statistics of ferroalloynet, the output of V2O5 in the vanadium market in May 2020 is about 9770 tons, including 9165 tons of flake vanadium, 605 tons of powder vanadium, 4025 tons of ferrovanadium and 5105 tons of vanadium nitrogen alloy.
| Serial number | Product | Conversion rate | Output | Converted output |
| 1 | V2O5 powder →VN |
1:1/1.42 |
— |
0.00 |
| 2 | V2O5 flake→VN |
1:1/1.42 |
— |
0.00 |
| 3 | V2O5 flake→Ferrovanadium |
1:1 |
— |
0.00 |
| 4 | FeV50→V2O5 flake |
1:0.95 |
3225 |
3064 |
| 5 | FeV80→V2O5 flake |
1:1.52 |
800 |
1280 |
| 6 | VN→V2O5 flake |
1:1.416 |
5105 |
7228 |
According to the calculation in the figure, the output of FeV is 4025 tons, of which FeV80 is about 800 tons, the total consumption of V2O5 flake should be about 4344 tons. 5105 tons of vanadium nitrogen alloy converted into V2O5 is about 7228 tons, and the consumption of vanadium oxide to produce FeV and vanadium nitrogen alloy is about 11572 tons. In April, the export list of international market, together with the long-term order list, is estimated to be about 300 tons. The arrival volume of imported vanadium, ferrovanadium and vanadium nitrogen alloy in May is estimated to be about 600 tons. The total market consumption is about 11872 tons. According to the calculation, the market gap is about 1502 tons. Due to the limited spot V2O5 flake in late May, a large number of ammonium metavanadate and ammonium polyvanadate flow to the metallurgical field to ease the shortage of raw materials. However, at the end of May, the situation that lack of raw material continues.
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