Am Stats: Chinese Vanadium Nitride Producers’ Inventory To Production Ratio Up By 36.0 Times YOY In Oct

BEIJING (Asian Metal) 20 Nov 19 – According to statistics from Asian Metal Database, Chinese vanadium nitride producers’ inventory to production ratio reached 35.92% in October 2019, up by 57.3% compared with 22.84% in September 2019 and up by 36.0 times compared with 0.97% in October 2018.

According to the following graph, in October, the inventory to production ratio of vanadium nitride producers in Jiangsu, Jiangxi, Shaanxi, Hubei, Sichuan, Henan, Xinjiang and Fujian was 50%, 43.75%, 31.73%, 40.96%, 33.33%, 36.36%, 25% and 50% respectively. All figures showed an uptrend MOM.