In Jan-Nov, China’s monthly average inventory to production ratio of ammonium metavanadate producers was 235.08%, 260.63% in the same period last year, down 10.00% YoY.
In Nov, China’s inventory to production ratio of active ammonium metavanadate producers was 198.34%, down 29.06% YoY and down 4.64% MoM.
In Nov, the top three provinces by inventory to production ratio of ammonium metavanadate producers were Liaoning, Henan and Sichuan. In Nov, the inventory to production ratio in Liaoning was 822.58%, 878.57% in the previous month and 1,626.67% in the same month last year. The inventory to production ratio in Henan was 69.44%, 80.56% in the previous month and 148.65% in the same month last year. The inventory to production ratio in Sichuan was 61.90%, 70.00% in the previous month.
