BEIJING (Asian Metal) 28 Apr 20 – According to statistics from Asian Metal Database, Chinese ferrovanadium producers’ inventory to production ratio reached 37.91% in March 2020, down by 8.1% compared with 41.27% in February 2020 but up by 96.6% compared with 19.28% in March 2019.

Chinese ferrovanadium producers’ inventory to production ratio by month from Mar 2019 to Mar 2020 (%)

According to the following graph, in March, the inventory to production ratio of ferrovanadium producers in Sichuan, Liaoning and Hebei was 24.24%, 80% and 100% respectively. In particular, the figure in Liaoning saw an increase MOM while the figures in Sichuan and Hebei remained unchanged MOM.

Chinese ferrovanadium producers’ monthly inventory to production ratio by province from Mar 2019 to Mar 2020 (%)

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