BEIJING (Asian Metal) 4 Feb 20 – According to statistics from Asian Metal Database, Chinese ferrovanadium producers’ inventory to production ratio reached 41.12% in December 2019, up by 2.8% compared with 40% in November 2019 and up by 2.9 times compared with 10.62% in December 2018.
Chinese ferrovanadium 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 ferrovanadium producers in Hubei, Sichuan, Taiwan, Liaoning and Hebei was 100%, 20%, 54.55%, 59.55% and 72.22% respectively. In particular, the figure in Hebei suffered a decline MOM while the figures in Hubei and Liaoning saw increases MOM, but the figures in Sichuan and Taiwan remained unchanged MOM.
Chinese ferrovanadium producers’ monthly inventory to production ratio by province from Dec 2018 to Dec 2019 (%)
www.asianmetal.com
