AM Stats: Chinese Vanadium Nitride Producers’ Inventory to Production Ratio Up by 75.5% YOY in Apr

BEIJING (Asian Metal) 24 May 19 – According to statistics from Asian Metal Database, Chinese vanadium nitride producers’ inventory to production ratio reached 14.06% in April 2019, up by about 48.6% compared with 9.46% in March 2019 and up by about 75.5% compared with 8.01% in April 2018.

According to the following graph, the inventory to production ratio of vanadium nitride producers in Jiangsu, Jiangxi, Shaanxi, Hubei, Sichuan, Henan and Xinjiang was 12.5%, 31.58%, 12.09%, 13.21%, 11.76%, 20.93% and 7.14% respectively, all showing an uptrend from last month.