In Jan-Nov, China’s monthly average operating rate of ammonium metavanadate producers was 37.77%, 36.69% in the same period last year, up 3.00% YoY.
In Nov, China’s operating rate of active ammonium metavanadate producers was 61.89%, up 38.61% YoY and up 13.46% MoM.
In Nov, the top three provinces by operating rate of ammonium metavanadate producers were Liaoning, Sichuan and Henan. In Nov, the operating rate in Liaoning was 57.23%, 51.69% in the previous month and 27.69% in the same month last year. The operating rate in Sichuan was 53.62%, 51.06% in the previous month. The operating rate in Henan was 52.94%, 50.00% in the previous month and 51.39% in the same month last year.