BEIJING (Asian Metal) 19 May 20 – According to statistics from Asian Metal Database, Chinese vanadium nitride producers’ inventory to production ratio reached 43.27% in April 2020, down by 29.9% compared with 61.83% in March 2020 but up by 1.8 times compared with 15.37% in April 2019.

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

According to the following graph, in April, the inventory to production ratio of vanadium nitride producers in Liaoning, Fujian, Jiangsu, Jiangxi, Shaanxi, Hubei, Sichuan and Henan was 22.22%, 16.67%, 38.46%, 27.78%, 44.71%, 113.46%, 31.48% and 31.25% respectively. In particular, the figures in Liaoning, Fujian, Jiangxi, Shaanxi, Hubei, Sichuan and Henan suffered declines MOM while the figure in Jiangsu remained unchanged MOM.

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

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