According to the incomplete statistics of 28 vanadium pentoxide (V2O5 powder) production enterprises on FerroAlloyNet, there were about 17 enterprises in production in April, and the operating rate was about 60.7%, down 7.2% from the previous month; the total output of vanadium pentoxide was about 1,081 tons, compared with the previous month, it decreased by 298 tons, or about 21.6%. On the one hand, the demand from downstream chemical companies is poor, and most V2O5 powder companies reported very few new orders this month; on the other hand, the overall vanadium market is weak, raw material prices have fallen, and V2O5 powder have simultaneously fallen to a low level; the overall production enthusiasm of V2O5 powder manufacturers has decreased, and output decreased significantly.
| Product | Operating rate | Change MOM(%) | Output(Ton) | Change MOM(Ton) |
| V2O5 powder | 60.70% | ↓7.2% | 1081 | ↓298 |
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