BEIJING (Asian Metal) 4 Jun 20 – According to statistics from Asian Metal Database, Chinese ferrovanadium producers’ inventory to production ratio reached 45.82% in April 2020, down by 6.1% compared with 48.81% in March 2020 but up by 1.1 times compared with 21.43% in April 2019.
04/2019-04/2020 Chinese ferrovanadium producers’ inventory to production ratio by month (%)
According to the following graph, in April, the inventory to production ratio of ferrovanadium producers in Hubei, Sichuan, Taiwan, Liaoning and Hebei was 183.33%, 27.59%, 100%, 60.27% and 80% respectively. In particular, the figure in Sichuan saw an increase MOM while the figures in Hubei, Taiwan, Liaoning and Hebei suffered declines MOM.
04/2019-04/2020 Chinese ferrovanadium producers’ monthly inventory to production ratio by province (%)
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