BEIJING (Asian Metal) 20 Feb 20 – According to statistics from Asian Metal Database, Chinese vanadium nitride producers’ inventory to production ratio reached 47.25% in January 2020, up by 9.4% compared with 43.18% in December 2019 and up by 22.7 times compared with 1.99% in January 2019.
According to the following graph, in January, the inventory to production ratio of vanadium nitride producers in Jiangsu, Jiangxi, Shaanxi, Hubei, Sichuan, Henan, Xinjiang and Fujian was 42.86%, 50%, 45.63%, 56%, 38.33%, 52.94%, 50% and 40% respectively. In particular, the figure in Jiangxi suffered a decline MOM while the figures in Shaanxi, Hubei, Henan and Xinjiang saw increases MOM, but the figures in Jiangsu, Sichuan and Fujian remained unchanged MOM.
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