Since the 14th Five-Year Plan, the overall supply of my country's vanadium industry has slightly exceeded demand, and the growth rate of product demand has been slower than that of supply. At the same time, the export volume has remained at around 15,000 tons. Although the import volume has increased due to the conflict between Russia and Ukraine, it is still less than the export volume, maintaining a net export status. In 2023, China's vanadium production and consumption will be 163,000 tons and 115,000 tons (equivalent to V2O5, the same below), accounting for 68% of the global total. ...[View original text]
Reference address：Economic Research Observation | Analysis of the short- and medium-term market situation of my country's vanadium industry
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