BEIJING (Asian Metal) 24 Apr 20 – According to statistics from Asian Metal Database, Chinese vanadium nitride producers’ inventory to production ratio reached 61.21% in March 2020, up by 8.9% compared with 56.22% in February 2020 and up by 5.1 times compared with 10.01% in March 2019.

Chinese vanadium nitride producers’ inventory to production ratio by month from Mar 2019 to Mar 2020 (%)

According to the following graph, in March, the inventory to production ratio of vanadium nitride producers in Liaoning, Fujian, Jiangsu, Jiangxi, Shaanxi, Hubei, Sichuan and Henan was 50%, 36.36%, 38.46%, 68.75%, 54.02%, 111.94%, 46.3% and 83.33% respectively. In particular, the figure in Shaanxi suffered a decline MOM while the figures in Liaoning, Fujian, Jiangsu, Jiangxi, Hubei, Sichuan and Henan saw increases MOM.

Chinese vanadium nitride producers’ monthly inventory to production ratio by province from Mar 2019 to Mar 2020 (%)

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