www.ferroalloynet.com: According to the incomplete statistics of 28 vanadium pentoxide (V2O5 powder) production enterprises on FerroAlloyNet, the inventory of V2O5 powder in April was about 598 tons, an increase of 246 tons or 69.9% from the previous month. The demand from downstream chemical companies has decreased significantly, and the transaction pace of V2O5 powder has continued to slow down in the past two months. Most powder companies reported that there are very few new orders this month; coupled with the continued decline in overall vanadium market transactions, the downstream wait-and-see sentiment is strong, and V2O5 powder inventory increased significantly this month.
Product | Spec. | Stock (Ton) | Change (Ton) |
V2O5 | Powder | 598 | ↑246 |
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