Summary Analysis On Vanadium Operating Rate And Output In September 2023

www,ferroalloynet.com: The overall output of vanadium series increased in September compared with the previous month. The output of ammonium metavanadate decreased slightly, mainly because stone coal manufacturers reduced output and operating rates due to environmental protection and production cost issues. The output of V2O5 flake is relatively stable, with little change from the previous month. The increase in V2O5 powder production is mainly due to the large-scale production cuts by most manufacturers last month, orders increased slightly at the beginning of the month and production partially recovered. However, market demand weakened again in the second half of the month, coupled with high raw material prices, manufacturers’ production enthusiasm was low. Demand on ferrovanadium is average, and the increase in output is mainly due to traders replenishing empty orders before the festival in the second half of the month, and manufacturers increasing orders and arranging some orders for production. The pre-holiday bidding volume of vanadium-nitrogen alloy was acceptable, and manufacturers’ output has slightly increased.

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