AM Stats: Chinese Vanadium Pentoxide Flake Producers’ Inventory Up by 1.9 Times YOY in May

BEIJING (Asian Metal) 20 Jun 19 – According to statistics from Asian Metal Database, Chinese vanadium pentoxide flake producers’ inventory reached 885t in May 2019, down by 5.3% compared with 935t in April 2019 but up by 1.9 times compared with 310t in May 2018.

According to the following graph, in May, the inventory of vanadium pentoxide flake producers in Jiangxi, Shaanxi, Hunan, Sichuan, Heilongjiang, Henan, Liaoning and Hebei was 10t, 60t, 20t, 345t, 50t, 30t, 200t and 160t respectively. In particular, the figures in Hunan, Henan and Liaoning suffered declines MOM while the figure in Shaanxi saw an increase MOM, but the figures in Jiangxi, Sichuan, Heilongjiang and Hebei remained unchanged MOM.