AM Stats: Chinese Ferrovanadium Producers’ Inventory Up By 2.4 Times YOY In Nov

BEIJING (Asian Metal) 6 Jan 20 – According to statistics from Asian Metal Database, Chinese ferrovanadium producers’ inventory reached 1,240t in November 2019, down by 0.8% compared with 1,250t in October 2019 but up by 2.4 times compared with 360t in November 2018.

Chinese ferrovanadium producers’ inventory by month from Nov 2018 to Nov 2019 (t)

According to the following graph, in November, the inventory of ferrovanadium producers in Hubei, Sichuan, Taiwan, Liaoning and Hebei was 40t, 300t, 60t, 530t 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 Nov 2018 to Nov 2019 (t)