BEIJING (Asian Metal) 29 Apr 19 – According to statistics from Asian Metal Database, Chinese vanadium pentoxide flake producers’ inventory to production ratio reached 8.85% in March 2019, up by about 1.6 times compared with 3.44% in February 2019 and up by about 25.5% compared with 7.05% in March 2018.
According to the following graph, the inventory to production ratio of vanadium pentoxide flake producers in Jiangxi, Shaanxi, Hunan, Sichuan, Heilongjiang, Henan, Liaoning and Hebei was 16.67%, 8.57%, 44.44%, 4.19%, 50%, 13.33%, 46.51% and 9.52% respectively. In particular, the figure in Shaanxi suffered a decline MOM while the figures in Jiangxi, Hunan, Sichuan, Heilongjiang, Henan, Liaoning and Hebei saw increases MOM.
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