AM Stats: Chinese Ferrovanadium Producers’ Inventory to Production Ratio up by 1.7 times YOY in Sep

BEIJING (Asian Metal) 21 Oct 19 – According to statistics from Asian Metal Database, Chinese ferrovanadium producers’ inventory to production ratio reached 31.64% in September 2019, up by 6.2% compared with 29.79% in August 2019 and up by 1.7 times compared with 11.51% in September 2018.

According to the following graph, in September, the inventory to production ratio of ferrovanadium producers in Hubei, Sichuan, Taiwan, Liaoning and Hebei was 100%, 16.67%, 40%, 39.5% and 60% respectively. In particular, the figures in Hubei and Liaoning saw increases MOM while the figure in Taiwan suffered a decline MOM, but the figures in Sichuan and Hebei remained unchanged MOM.