BEIJING (Asian Metal) 27 Dec 19 – According to statistics from Asian Metal Database, Chinese vanadium pentoxide flake producers’ inventory to production ratio reached 25.33% in November 2019, up by 26.0% compared with 20.1% in October 2019 and up by 13.2 times compared with 1.79% in November 2018.
Chinese vanadium pentoxide flake producers’ inventory to production ratio by month from Nov 2018 to Nov 2019 (%)
According to the following graph, in November, the inventory to production ratio of vanadium pentoxide flake producers in Jiangxi, Shaanxi, Hunan, Sichuan, Heilongjiang, Henan, Liaoning and Hebei was 50%, 43.33%, 50%, 17.94%, 50.91%, 30%, 42.11% and 27.54% respectively. In particular, the figure in Henan suffered a decline MOM while the figures in Jiangxi, Shaanxi, Hunan, Sichuan, Heilongjiang, Liaoning and Hebei saw increases MOM.
Chinese vanadium pentoxide flake producers’ monthly inventory to production ratio by province from Nov 2018 to Nov 2019 (%)
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