AM Stats: Chinese Ferrovanadium Producers’ Inventory Up By 1.3 Times YOY In Feb

BEIJING (Asian Metal) 25 Mar 20 – According to statistics from Asian Metal Database, Chinese ferrovanadium producers’ inventory reached 869t in February 2020, down by 30.1% compared with 1,250t in January 2020 but up by 1.3 times compared with 380t in February 2019.

Chinese ferrovanadium producers’ inventory by month from Feb 2019 to Feb 2020 (t)

According to the following graph, in February, the inventory of ferrovanadium producers in Hubei, Sichuan, Taiwan, Liaoning and Hebei was 30t, 350t, 50t, 169t and 150t respectively. In particular, the figures in Hubei, Taiwan and Liaoning sufffered declines MOM while the figure in Sichuan saw an increase MOM, but the figure in Hebei remained unchanged MOM.

Chinese ferrovanadium producers’ monthly inventory by province from Feb 2019 to Feb 2020 (t)