AM Stats: Chinese Vanadium Nitride Producers’ Inventory Up By 22.3 Times YOY In Dec

BEIJING (Asian Metal) 15 Jan 20 – According to statistics from Asian Metal Database, Chinese vanadium nitride producers’ inventory reached 1,400t in December 2019, down by 9.1% compared with 1,540t in November 2019 but up by 22.3 times compared with 60t in December 2018.

Chinese vanadium nitride producers’ inventory by month from Dec 2018 to Dec 2019 (t)

According to the following graph, in December, the inventory of vanadium nitride producers in Jiangsu, Jiangxi, Shaanxi, Hubei, Sichuan, Henan, Xinjiang and Fujian was 30t, 90t, 260t, 400t, 230t, 100t, 40t and 20t respectively. In particular, the figures in Shaanxi, Hubei and Fujian suffered declines MOM while the figure in Jiangxi saw an increase MOM, but the figures in Jiangsu, Sichuan, Henan and Xinjiang remained unchanged MOM.

Chinese vanadium nitride producers’ monthly inventory by province from Dec 2018 to Dec 2019 (t)

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