BEIJING (Asian Metal) 19 Jul 19 – According to statistics from Asian Metal Database, Chinese vanadium nitride producers’ inventory to production ratio reached 13.38% in June 2019, up by 5.0% compared with 12.75% in May 2019 and up by 2.0 times compared with 4.43% in June 2018. 

Chinese vanadium nitride producers’ inventory to production ratio by month from Jun 2018 to Jun 2019 (%)

According to the following graph, in June, the inventory to production ratio of vanadium nitride producers in Jiangsu, Jiangxi, Shaanxi, Hubei, Sichuan, Henan and Xinjiang was 33.33%, 23.81%, 15.79%, 7.41%, 14.47%, 10.2% and 0% respectively. In particular, the figures in Shaanxi, Sichuan and Henan saw increases MOM while the figures in Hubei and Xinjiang suffered declines MOM, but the figures in Jiangsu and Jiangxi remained unchanged MOM. 

Chinese vanadium nitride producers’ monthly inventory to production ratio by province from Jun 2018 to Jun 2019 (%)

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