www.ferroalloynet.com: The latest customs data show that China imported about 80 tons of vanadium pentoxide in September. The comparison in the past two years is as follows: (Unit: tons)
Year | August | September |
2020 | 1675 | 1320 |
2021 | 260.002 | 80 |
In September, China imported 80 tons of vanadium pentoxide, a decrease of 180.002 tons compared to August’s imports, a decrease of about 225% month-on-month; compared with last September, a decrease of 1,240 tons, a year-on-year decrease of about 93.9%. The price of vanadium pentoxide in Europe remained high in September, coupled with the continued decline in domestic prices, the overall import volume has decreased significantly; the large import volume in the same period last year was mainly due to the limited demand on the impact of the foreign epidemic, thus reducing prices to promote purchases in the Chinese market.
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