AM Stats: Chinese Ferrovanadium Producers’ Inventory Down By 42.0% MOM In Mar

BEIJING (Asian Metal) 27 Apr 20 – According to statistics from Asian Metal Database, Chinese ferrovanadium producers’ inventory reached 690t in March 2020, down by 42.0% compared with 1,189t in February 2020 but up by 16.9% compared with 590t in March 2019.

Chinese ferrovanadium producers’ inventory by month from Mar 2019 to Mar 2020 (t)

According to the following graph, in March, the inventory of ferrovanadium producers in Hubei, Sichuan, Taiwan, Liaoning and Hebei was 50t, 350t, 0t, 40t and 150t respectively. In particular, the figures in Taiwan and Liaoning suffered declines MOM while the figure in Hubei saw an increase MOM, but the figures in Sichuan and Hebei remained unchanged MOM.

Chinese ferrovanadium producers’ monthly inventory by province from Mar 2019 to Mar 2020 (t)