BEIJING (Asian Metal) 16 Apr 20 – According to statistics from Asian Metal Database, Chinese ammonium metavanadate producers’ inventory to production ratio reached 422.58% in March 2020, up by 4.5 times compared with 74.86% in March 2019.
Chinese ammonium metavanadate producers’ inventory to production ratio by month from Mar 2019 to Mar 2020 (%)
According to the following graph, in March, the inventory to production ratio of ammonium metavanadate producers in Liaoning, Jiangxi, Shaanxi, Hunan, Hubei, Sichuan and Henan was 2000%,100%, 50%, 91.67%, 125%, 212.5% and 150% respectively. All figures showed an uptrend YOY.
Chinese ammonium metavanadate producers’ monthly inventory to production ratio by province from Mar 2019 to Mar 2020 (%)
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