BEIJING (Asian Metal) 22 Aug 19 – According to statistics from Asian Metal Database, Chinese vanadium pentoxide flake producers’ inventory to production ratio reached 11.9% in July 2019, up by 1.0% compared with 10.77% in June 2019 and up by 3.1 times compared with 2.9% in July 2018.
According to the following graph, in July, the inventory to production ratio of vanadium pentoxide flake producers in Jiangxi, Shaanxi, Hunan, Sichuan, Heilongjiang, Henan, Liaoning and Hebei was 20%, 16.67%, 33.33%, 9.53%, 25%, 20%, 17.48% and 12.66% respectively. In particular, the figures in Shaanxi, Hunan, Henan and Liaoniang suffered declines MOM while the figures in Sichuan and Hebei saw increases MOM, but the figures in Jiangxi and Heilongjiang remained unchanged MOM.
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