AM Stats: Chinese Vanadium Nitride Producers’ Inventory to Production Ratio Up by 2.2 Times MOM in Mar

BEIJING (Asian Metal) 25 Apr 19 – According to statistics from Asian Metal Database, Chinese vanadium nitride producers’ inventory to production ratio reached 9.54% in March 2019, up by about 2.2 times compared with 2.97% in February 2019 but basically in line with 9.64% in March 2018.

According to the following graph, the inventory to production ratio of vanadium nitride producers in Jiangsu, Jiangxi, Shaanxi, Hubei, Sichuan, Henan, Xinjiang and Fujian was 4.76%, 20%, 7.61%, 9.26%, 8.96%, 15.56%, 0% and 20% respectively. In particular, the figures in Jiangsu, Jiangxi, Shaanxi, Hubei, Sichuan, Henan and Fujian saw increases MOM while the figure in Xinjiang remained unchanged MOM.