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