Summary Analysis On Vanadium Operating Rate And Output In July 2023
www,ferroalloynet.com: In July, domestic vanadium production rose. The output of ammonium metavanadate and V2O5 flake both rose slightly. The increase of ammonium metavanadate is relatively limited, and the production in the factories that have started operation is relatively stable; the increase of V2O5 flake is relatively obvious, mainly because the small factories that stopped production in the early stage resumed production one after another. Looking at the downstream, due to the weak demand, V2O5 powder manufacturers produced on demand, and the output in July was stable and declined, while the output of alloys rose slightly. The ferrovanadium market is relatively stable, the demand for special steel is supported, manufacturers are more active in production, and the output of ferrovanadium is stable and slightly rising. Although the price of vanadium-nitrogen alloy is weak, the manufacturers in the production run stably, and the output continues to increase, so they are reluctant to sell at low prices.
| Product | Output in July (Ton) | Change MoM (Ton) | Operating rate in July | Change MoM |
| AMV | 2050 | ↑45 | 46% | ↑2% |
| V2O5 powder | 1120 | ↓5 | 50% | ↓14.3% |
| V2O5 flake | 11685 | ↑875 | 59.40% | ↑6.3% |
| FeV | 3550 | ↑221 | 48.50% | ↑3% |
| VN alloy | 4556 | ↑206 | 59.10% | ↓2.3% |
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