www.ferroalloynet.com: According to incomplete statistics from ferroalloynet, the output of vanadium pentoxide in vanadium market in November 2019 was about 9,255 tons, including 8,480 tons of vanadium pentoxide flake and 775 tons of vanadium pentoxide powder. Ferrovanadium output was 3,690 tons, while vanadium-nitrogen output was 5,235 tons.

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
50#ferrovanadium→V2O5 flake
1:1
2660
2660
5
80#ferrovanadium→V2O5 flake
1.6:1
1030
1648
6
VN→V2O5 flake
1:1.416
5235
7413

According to the figure, 3,690 tons of ferrovanadium (about 1030 tons of ferrovanadium 80#) should consume 4,308 tons of V2O5 flake, and 5,235 tons of vanadium-nitrogen should consume 7,413 tons of V2O5, total need 11,721 tons of V2O5. In October, some export orders in the international market, together with long-term orders, are expected to be about 300 tons, 150 tons of V2O5 flake have arrived at the port in the import market, the total consumption of vanadium pentoxide is approximate 12,021 tons. Market gap is about 2616 tons of V2O5. Some ammonium metavanadate and ammonium polyvanadate can offset the amount of vanadium pentoxide.

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