AM Stats: Chinese Ferrovanadium Producers’ Inventory Up By 2.6 Times YOY In Dec

BEIJING (Asian Metal) 3 Feb 20 – According to statistics from Asian Metal Database, Chinese ferrovanadium producers’ inventory reached 1,260t in December 2019, up by 1.6% compared with 1,240t in November 2019 and up by 2.6 times compared with 350t in December 2018.

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

According to the following graph, in December, the inventory of ferrovanadium producers in Hubei, Sichuan, Taiwan, Liaoning and Hebei was 50t, 300t, 60t, 540t and 130t respectively. In particular, the figure in Hebei suffered a decline MOM while the figures in Hubei and Liaoning saw increases MOM, but the figures in Sichuan and Taiwan remained unchanged MOM.

Chinese ferrovanadium producers’ monthly inventory by province from Dec 2018 to Dec 2019 (t)