In Jan-Nov, China’s monthly average operating rate of vanadium pentoxide flake producers was 53.57%, 55.82% in the same period last year, down 4.00% YoY.
In Nov, China’s operating rate of active vanadium pentoxide flake producers was 67.00%, up 19.45% YoY and up 4.59% MoM.
In Nov, the top two provinces by operating rate of vanadium pentoxide flake producers were Sichuan and Liaoning. In Nov, the operating rate in Sichuan was 73.61%, 69.23% in the previous month and 47.27% in the same month last year. The operating rate in Liaoning was 10.71%, 10.71% in the previous month and 18.33% in the same month last year.