Monthly Vanadium Market Report December 2025

Contents
Monthly Vanadium Market Report December 2025 1
Contents 1
1. Market Highlights 3
2. Economy and Policy 3
2.1 China completes on-site phase for latest central environmental inspections 3
3. Market Movements 3
3.1 Chinese market 3
3.1.1 Ammonium Metavanadate 98%min EXW China 3
3.1.2 Vanadium pentoxide powder 99%min EXW China 3
3.1.Asian Metal Copyright4 Chinese vanadium nitride producers' sales volume 8 5.Asian Metal Copyright3 Vanadium pentoxide powder 99.5%min EXW China 3
3.1.4 Vanadium pentoxide flake 98%min EXW China 3
3.1.5 Ferrovanadium 50%min delivered China 4
3.1.6 Vanadium nitride N14%min V77%min delivered China 4
3.2 International Market 4
3.2.1 Ferrovanadium 80%min in warehouse Rotterdam 4
3.2.2 Vanadium pentoxide flake 98%min in warehouse Rotterdam 4
3.2.3 Ferrovanadium 80%min in warehouse Pittsburgh 4
4. Company News 5
4.1 Shaanxi Wuzhou Mining to reduce vanadium pentoxide output 5
4.2 Jinzhou Xinlong Vanadium Industry decreases ferro-vanadium production 5
4.3 Ningbo Shuangneng Environmental Protection Technology enhances ammonium metavanadate output 5
4.4 Dechang Dongyuan New Material cuts vanadium pentoxide production 5
5. Producer Metrics 5
5.1 Vanadium pentoxide flake 5
5.1.1 Chinese vanadium pentoxide flake producers' operating rate 5
5.1.2 Chinese vanadium pentoxide flake producers' output 5
5.1.3 Chinese vanadium pentoxide flake producers' inventory 5
5.1.4 Chinese vanadium pentoxide producers' sales volume 5
5.1.5 Chinese vanadium pentoxide powder producers' days sales of inventory 5
5.2 Vanadium pentoxide powder 5
5.2.1 Chinese vanadium pentoxide powder producers' operating rate 5
5.2.2 Chinese vanadium pentoxide powder producers' output 6
5.2.3 Chinese vanadium pentoxide powder producers' inventory 6
5.2.4 Chinese vanadium pentoxide powder producers' sales volume 6
5.2.5 Chinese vanadium pentoxide powder producers' days sales of inventory 6
5.3 Ammonium metavanadate 6
5.3.1 Chinese ammonium metavanadate producers' operating rate 6
5.3.2 Chinese ammonium metavanadate producers' output 6
5.3.3 Chinese ammonium metavanadate producers' inventory 6
5.3.4 Chinese ammonium metavanadate producers' sales volume 7
5.3.5 Chinese ammonium metavanadate producers' days sales of inventory 7
5.4 Ferrovanadium 7
5.4.1 Chinese ferrovanadium producers' operating rate 7
5.4.2 Chinese ferrovanadium producers' output 7
5.4.3 Chinese ferrovanadium producers' inventory 7
5.4.4 Chinese ferrovanadium producers' sales volume 7
5.4.5 Chinese ferrovanadium producers' days sales of inventory 7
5.5 Vanadium nitride 7
5.5.1 Chinese vanadium nitride producers' operating rate 7
5.5.2 Chinese vanadium nitride producers' output 8
5.5.3 Chinese vanadium nitride producers' inventory 8
5.5.4 Chinese vanadium nitride producers' sales volume 8
5.5.5 Chinese vanadium nitride producers' days sales of inventory 8
6. Trade Data 8
6.1 China's vanadium pentoxide export volume grew 50.15% MoM in Nov 2025 8
6.2 China's ferro-vanadium(V≥75%) export volume declined 41.01% YoY in Nov 2025 9
6.3 South Africa's vanadium oxides export volume rose 264.25% MoM in Aug 2025 10
6.4 Czech Republic's vanadium oxides import volume declined 26.67% MoM in Jul 2025 11
6.5 Netherlands' vanadium oxides export volume rose 18.52% MoM in Aug 2025 11
6.6 South Korea's ferro-vanadium export volume grew 25.21% MoM in Aug 2025 12


.Asian Metal Copyright3 Chinese vanadium nitride producers' inventory 8 5Asian Metal Copyright