BEIJING (Asian Metal) 16 Jan 20 – According to statistics from Asian Metal Database, Chinese vanadium nitride producers’ inventory to production ratio reached 43.18% in December 2019, up by 2.9% compared with 41.96% in November 2019 and up by 25.3 times compared with 1.64% in December 2018.
Chinese vanadium nitride producers’ inventory to production ratio by month from Dec 2018 to Dec 2019 (%)
According to the following graph, in December, the inventory to production ratio of vanadium nitride producers in Jiangsu, Jiangxi, Shaanxi, Hubei, Sichuan, Henan, Xinjiang and Fujian was 42.86%, 56.25%, 37.61%, 51.28%, 38.33%, 50%, 40% and 40% respectively. In particular, the figures in Jiangsu and Fujian suffered declines MOM while the figures in Jiangxi, Shaanxi, Hubei, Henan and Xinjiang saw increases MOM, but the figure in Sichuan remained unchanged MOM.
Chinese vanadium nitride producers’ monthly inventory to production ratio by province from Dec 2018 to Dec 2019 (%)
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