BEIJING (Asian Metal) 24 Sep 19 – According to statistics from Asian Metal Database, Chinese vanadium pentoxide flake producers’ inventory to production ratio reached 13.92% in August 2019, up by 17.0% compared with 11.9% in July 2019 and up by 4.0 times compared with 2.76% in August 2018.
According to the following graph, in August, the inventory to production ratio of vanadium pentoxide flake producers in Jiangxi, Shaanxi, Hunan, Sichuan, Heilongjiang, Henan, Liaoning and Hebei was 25%, 22.22%, 44.44%, 10.07%, 23.26%, 30%, 21.55% and 16.15% respectively. In particular, the figures in Jiangxi, Shaanxi, Hunan, Sichuan, Henan, Liaoning and Hebei saw increases MOM while the figure in Heilongjiang suffered a decline MOM.
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