China’s Operating Rate Of Vanadium Nitride Producers Increased 29.36% YoY In Dec

BEIJING (Asian Metal) 2 Feb 2023 – In Dec, China’s operating rate of vanadium nitride producers was 46.48%, 35.93% in the same period last year and 44.64% in the previous month, up 29.36% YoY and up 4.12% MoM.

In Jan-Dec, China’s monthly average operating rate of vanadium nitride producers was 43.28%, 45.58% in the same period last year, down 5.00% YoY.

In Dec, China’s operating rate of active vanadium nitride producers was 50.87%, up 12.02% YoY and down 0.53% 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 Dec, the top three provinces by operating rate of vanadium nitride producers were Shaanxi, Jiangxi and Hubei. In Dec, the operating rate in Shaanxi was 41.67%, 41.67% in the previous month and 35.22% 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%, 19.13% in the previous month and 12.45% 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 to production ratio statistics by province by month
Unit: %
www.asianmetal.com