BEIJING (Asian Metal) 20 Feb 20 – According to statistics from Asian Metal Database, Chinese vanadium nitride producers’ inventory to production ratio reached 47.25% in January 2020, up by 9.4% compared with 43.18% in December 2019 and up by 22.7 times compared with 1.99% in January 2019.
Chinese vanadium nitride producers’ inventory to production ratio by month from Jan 2019 to Jan 2020 (%)
According to the following graph, in January, the inventory to production ratio of vanadium nitride producers in Jiangsu, Jiangxi, Shaanxi, Hubei, Sichuan, Henan, Xinjiang and Fujian was 42.86%, 50%, 45.63%, 56%, 38.33%, 52.94%, 50% and 40% respectively. In particular, the figure in Jiangxi suffered a decline MOM while the figures in Shaanxi, Hubei, Henan and Xinjiang saw increases MOM, but the figures in Jiangsu, Sichuan and Fujian remained unchanged MOM.
Chinese vanadium nitride producers’ monthly inventory to production ratio by province from Jan 2019 to Jan 2020 (%)
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