According to the incomplete statistics of 32 vanadium pentoxide (V2O5 flake) enterprises on FerroAlloyNet, there were about 20 enterprises in production in May, the operating rate of enterprises was about 62.5%, and the total output was about 10,855 tons, a month-on-month increase of 6% and a year-on-year increase of 14.4% . Among them, Pangang Group reaches 3,480 tons, 950 tons of Chenggang, 1,620 tons of Jianlong, 700 tons of Tranvic, 1,235 tons of Desheng and 500 tons of Dazhou Iron & Steel.
| Product | Operating rate | Change MOM(%) | Output(Ton) | Change MOM(Ton) |
| V2O5 flake | 62.50% | ↓2% | 10855 | ↑615 |
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