www.ferroalloynet.com: In August, the vanadium market continues to drop and the market stops falling until the end of the month. However, the downward vanadium market has little impact on the operating rate and output of vanadium pentoxide powder enterprises. On the one hand, the demand of downstream chemical enterprises is and the willingness to buy at a low price is enhanced. On the other hand, in August, the price of ammonium metavanadate has declined greatly, slightly lower than the reasonable price of vanadium pentoxide with the same grade, while the price of high-grade chemical V2O5 powder has a slight decline. Therefore, the manufacturer’s willingness to purchase ammonium metavanadate to produce V2O5 powder has increased, and the output of metallurgical and chemical V2O5 powder has increased slightly.
According to the incomplete statistics of 35 vanadium pentoxide (powder) production enterprises, there are about 18 enterprises in normal production, the operating rate of enterprises is about 51.4%, flat with last month; the output is 970 tons, 145 tons more than the that of last month.
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Product
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Operating rate(%)
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Change(%)
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Output(Ton)
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Change(Ton)
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Vanadium pentoxide powder
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51.4%
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—
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825
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↑145
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