August vanadium pentoxide consumption analysis

Date: Sep 6, 2018 According to Ferroalloynet incomplete statistics, August vanadium pentoxide output is 7812 tons, including 6880 tons of flake and 932 tons of powder; ferrovanadium output is 3785 tons and vanadium-nitrogen output is 3220 tons.

3785 tons of ferrovanadium (about 1260 tons of ferrovanadium 80#) should consume 4541 tons of V2O5 flake, and 3220 tons of vanadium-nitrogen should consume 4540 tons of V2O5. In August, V2O5 export volume and the quantity of long-term orders total about 500 tons. Thus the total consumption of vanadium pentoxide should be 9581 tons. But the consumption exceeds the output by about 1769 tons. It is becasue some factories replaced part of V2O5 with ammonium metavanadate.

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