BEIJING (Asian Metal) 20 Jan 20 – According to statistics from Asian Metal Database, Chinese vanadium pentoxide flake producers’ inventory to production ratio reached 52.9% in December 2019, up by 18.1% compared with 25.35% in November 2019 and up by 13.1 times compared with 2.12% in December 2018.
Chinese vanadium pentoxide flake producers’ inventory to production ratio by month from Dec 2018 to Dec 2019 (%)
According to the following graph, in December, the inventory to production ratio of vanadium pentoxide flake producers in Shaanxi, Hunan, Sichuan, Heilongjiang, Liaoning and Hebei was 46.67%, 50%, 21.97%, 60%, 45% and 36.05% respectively. In particular, the figures in Shaanxi, Sichuan, Heilongjiang, Liaoning and Hebei saw increases MOM while the figure in Hunan remained unchanged MOM.
Chinese vanadium pentoxide flake producers’ monthly inventory to production ratio by province from Dec 2018 to Dec 2019 (%)
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