BEIJING (Asian Metal) 1 Jul 20 – According to statistics from Asian Metal Database, Chinese vanadium pentoxide powder producers’ inventory reached 840t in May 2020, down by 6.1% compared with 895t in April 2020 but up by 2.2 times compared with 260t in May 2019.

05/2019-05/2020 Chinese vanadium pentoxide powder producers’ inventory by month (t)

According to the following graph, in May, the inventory of vanadium pentoxide powder producers in Hebei, Jiangxi, Shaanxi, Hunan and Hubei was 365t, 80t, 30t, 70t and 215t respectively. In particular, the figures in Hebei, Hunan and Hubei suffered declines MOM while the figures in Jiangxi and Shaanxi remained unchanged MOM.

05/2019-05/2020 Chinese vanadium pentoxide powder producers’ monthly inventory by province (t)

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