AM Stats: Chinese Ferrovanadium Producers’ Inventory Down by 23.1% YOY in May

BEIJING (Asian Metal) 26 Jun 19 – According to statistics from Asian Metal Database, Chinese ferrovanadium producers’ inventory reached 600t in May 2019, down by 4.8% compared with 630t in April 2019 and down by 23.1% compared with 780t in May 2018.

According to the following graph, in May, the inventory of ferrovanadium producers in Hubei, Sichuan, Taiwan, Liaoning and Hebei was 20t, 150t, 20t, 240t and 60t respectively. In particular, the figures in Hubei and Liaoning suffered declines MOM while the figures in Sichuan, Taiwan and Hebei remained unchanged MOM.