AM Stats: Chinese Ferrovanadium Producers’ Inventory to Production Ratio Down by 11.9% YOY in Apr

BEIJING (Asian Metal) 21 May 19 – According to statistics from Asian Metal Database, Chinese ferrovanadium producers’ inventory to production ratio reached 21.43% in April 2019, up by about 9.3% compared with 19.6% in March 2019 but down by about 11.9% compared with 24.33% in April 2018.

According to the following graph, the inventory to production ratio of ferrovanadium producers in Hubei, Sichuan, Taiwan, Liaoning and Hebei was 42.86%, 10%, 50%, 28.41% and 33.33% respectively. In particular, the figures in Hubei, Liaoning and Hebei saw increases MOM while the figures in Sichuan and Taiwan remained unchanged MOM.