BEIJING (Asian Metal) 1 Jul 20 – According to statistics from Asian Metal Database, Chinese vanadium pentoxide flake producers’ inventory reached 3,400t in May 2020, up by 5.9% compared with 3,210t in April 2020 and up by 2.6 times compared with 935t in May 2019.
According to the following graph, in May, the inventory of vanadium pentoxide flake producers in Shaanxi, Hunan, Sichuan, Heilongjiang, Henan, Liaoning and Hebei was 190t, 40t, 1,440t, 630t, 60t, 450t and 550t respectively. In particular, the figure in Shaanxi suffered a decline MOM while the figures in Hunan, Sichuan, Heilongjiang and Hebei saw increases MOM, but the figures in Henan and Liaoning remained unchanged MOM.
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