AM Stats: Chinese Vanadium Pentoxide Flake Producers’ Inventory to Production Ratio Up by 95.9% YOY in Apr

BEIJING (Asian Metal) 29 May 19 – According to statistics from Asian Metal Database, Chinese vanadium pentoxide flake producers’ inventory to production ratio reached 10.64% in April 2019, up by about 20.2% compared with 8.85% in March 2019 and up by about 95.9% compared with 5.43% in April 2018.

According to the following graph, the inventory to production ratio of vanadium pentoxide flake producers in Jiangxi, Shaanxi, Hunan, Sichuan, Heilongjiang, Henan, Liaoning and Hebei was 16.67%, 14.29%, 44.44%, 5.99%, 50%, 13.33%, 51.22% and 10.88% respectively. In particular, the figures in Shaanxi, Sichuan, Liaoning and Hebei saw increases MOM while the figures in Jiangxi, Hunan, Heilongjiang and Henan remained unchanged MOM.