BEIJING (Asian Metal) 1 Jun 20 – According to statistics from Asian Metal Database, Chinese ammonium metavanadate producers’ inventory to production ratio reached 408.94% in April 2020, down by 3.2% compared with 422.58% in March 2020 but up by 3.6 times compared with 89.27% in April 2019.

04/2019-04/2020 Chinese ammonium metavanadate producers’ inventory to production ratio by month (%)

According to the following graph, in April, the inventory to production ratio of ammonium metavanadate producers in Liaoning, Jiangxi, Shaanxi, Hunan, Hubei, Sichuan and Henan was 1,958.33%, 252.63%, 25%, 50%, 237.5%, 228.57% and 100% respectively. In particular, the figures in Liaoning, Shaanxi, Hunan and Henan suffered declines MOM while the figures in Jiangxi, Hubei and Sichuan saw increases MOM.

04/2019-04/2020 Chinese ammonium metavanadate producers’ monthly inventory to production ratio by province (%)
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