China’s Operating Rate Of Vanadium Nitride Producers Increased 15.90% YoY In Jan

BEIJING (Asian Metal) 16 Feb 2023 – In Jan, China’s operating rate of vanadium nitride producers was 44.69%, 38.56% in the same period last year and 46.48% in the previous month, up 15.90% YoY and down 3.85% MoM.

In Jan, China’s operating rate of active vanadium nitride producers was 49.49%, up 10.49% YoY and down 2.71% MoM.

China’s operating rate of all vanadium nitride producers in previous 13 months
China’s operating rate of active vanadium nitride producers in previous 13 months

In Jan, the top three provinces by operating rate of vanadium nitride producers were Shaanxi, Jiangxi and Hubei. In Jan, the operating rate in Shaanxi was 38.75%, 41.67% in the previous month and 34.79% in the same month last year. The operating rate in Jiangxi was 30.48%, 30.48% in the previous month and 22.86% in the same month last year. The operating rate in Hubei was 22.55%, 22.55% in the previous month and 19.62% in the same month last year.

China’s operating rate of vanadium nitride producers in top three provinces in previous 13 months
Vanadium Nitride N 14%min EXW China
Unit:RMB/mt

China vanadium nitride producers’ inventory statistics by province by month
Unit: mt
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