AM Stats: Chinese Vanadium Pentoxide Flake Producers’ Inventory To Production Ratio Up By 6.0 Times YOY In Sep

BEIJING (Asian Metal) 24 Oct 19 – According to statistics from Asian Metal Database, Chinese vanadium pentoxide flake producers’ inventory to production ratio reached 14.59% in September 2019, up by 4.8% compared with 13.92% in August 2019 and up by 6.0 times compared with 2.09% in September 2018.

According to the following graph, in September, the inventory to production ratio of vanadium pentoxide flake producers in Jiangxi, Shaanxi, Hunan, Sichuan, Heilongjiang, Henan, Liaoning and Hebei was 20%, 22.22%, 50%, 11.3%, 24.44%, 18.52%, 21.55% and 15.29% respectively. In particular, the figures in Jiangxi, Henan and Hebei suffered declines MOM while the figures in Hunan, Sichuan and Heilongjiang saw increases MOM, but the figures in Shaanxi and Liaoning remained unchanged MOM.