BEIJING (Asian Metal) 18 Mar 20 – According to statistics from Asian Metal Database, Chinese vanadium nitride producers’ inventory to production ratio reached 58.47% in February 2020, up by 32.9% compared with 43.98% in January 2020 and up by 14.4 times compared with 3.8% in February 2019.
Chinese vanadium nitride producers’ inventory to production ratio by month from Feb 2019 to Feb 2020 (%)
According to the following graph, in February, the inventory to production ratio of vanadium nitride producers in Liaoning, Fujian, Jiangsu, Jiangxi, Shaanxi, Hubei, Sichuan and Henan was 20.83%, 16.67%, 33.33%, 44.44%, 73.86%, 99.21%, 45.45% and 40% respectively. In particular, the figures in Fujian, Jiangsu, Jiangxi and Henan suffered delinces MOM while the figures in Liaoning, Shaanxi, Hubei and Sichuan saw increases MOM.
Chinese vanadium nitride producers’ monthly inventory to production ratio by province from Feb 2019 to Feb 2020 (%)
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