According to the incomplete statistics of 28 vanadium pentoxide (V2O5 powder) production enterprises on FerroAlloyNet, there were about 18 enterprises in production in May, and the operating rate was about 64.3%, an increase of 3.6% from the previous month; the total output of V2O5 powder was about 1,010 tons, compared with the previous month, it decreased by 71 tons, or about 6.6%. The transaction of V2O5 powder is still fluctuating at a low level this month, the weak demand has not changed, and the overall output in the market continues to decrease.
| Product | Operating rate | Change MOM(%) | Output(Ton) | Change MOM(Ton) |
| V2O5 powder | 64.30% | ↑3.6% | 1010 | ↓71 |
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