AM Stats: Chinese Ferrovanadium Producers’ Inventory To Production Ratio Up By 1.7 Times YOY In Feb
BEIJING (Asian Metal) 26 Mar 20 – According to statistics from Asian Metal Database, Chinese ferrovanadium producers’ inventory to production ratio reached 35.48% in February 2020, down by 16.8% compared with 42.66% in January 2020 but up by 1.7 times compared with 12.93% in February 2019.
Chinese ferrovanadium producers’ inventory to production ratio by month from Feb 2019 to Feb 2020 (%)
According to the following graph, in February, the inventory to production ratio of ferrovanadium producers in Sichuan, Taiwan, Liaoning and Hebei was 24.14%, 100%, 31.89% and 100% respectively. In particular, the figure in Liaoning sufffered a decline MOM while the figures in Sichuan, Taiwan and Hebei saw increases MOM.
Chinese ferrovanadium producers’ monthly inventory to production ratio by province from Feb 2019 to Feb 2020 (%)
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