AM Stats: Chinese Vanadium Nitride Producers’ Sales To Production Ratio Down By 8.2% YOY in Aug

BEIJING (Asian Metal) 16 Sep 19 – According to statistics from Asian Metal Database, Chinese vanadium nitride producers’ sales to production ratio reached 92.53% in August 2019, down by 6.3% compared with 98.8% in July 2019 and down by 8.2% compared with 100.75% in August 2018.

According to the following graph, in August, the sales to production ratio of vanadium nitride producers in Jiangsu, Jiangxi, Shaanxi, Hubei, Sichuan, Henan, Xinjiang and Fujian was 85.71%, 85%, 96.77%, 93.18%, 97.4%, 88%, 82.61% and 75% respectively. In particular, the figures in Sichuan and Fujian saw increases MOM while the figures in Jiangsu, Jiangxi, Shaanxi, Hubei, Henan and Xinjiang suffered declines MOM.