AM Stats: Chinese Vanadium Nitride Producers’ Inventory To Production Ratio Up By 4.6 Times YOY in Aug

BEIJING (Asian Metal) 16 Sep 19 – According to statistics from Asian Metal Database, Chinese vanadium nitride producers’ inventory to production ratio reached 21.13% in August 2019, up by 49.1% compared with 14.17% in July 2019 and up by 4.6 times compared with 3.75% in August 2018.

According to the following graph, in August, the inventory to production ratio of vanadium nitride producers in Jiangsu, Jiangxi, Shaanxi, Hubei, Sichuan, Henan, Xinjiang and Fujian was 42.86%, 20%, 17.2%, 18.18%, 19.48%, 32%, 17.39% and 50% respectively. All figures showed an uptrend MOM.