BEIJING (Asian Metal) 21 Apr 20 – According to statistics from Asian Metal Database, Chinese vanadium pentoxide powder producers’ inventory to production ratio reached 69% in March 2020, up by 11.7% compared with 61.76% in February 2020 and up by 1.7 times compared with 25.94% in March 2019.
Chinese vanadium pentoxide powder 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 vanadium pentoxide powder producers in Hebei, Jiangxi and Hubei was 58.33%, 100% and 166.67% respectively. All figures showed an uptrend YOY.
Chinese vanadium pentoxide powder producers’ monthly inventory to production ratio by province from Mar 2019 to Mar 2020 (%)
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