AM Stats: Chinese Ferrovanadium Producers’ Inventory to Production Ratio Up by 51.6% MOM in Mar

BEIJING (Asian Metal) 7 May 19 – According to statistics from Asian Metal Database, Chinese ferrovanadium producers’ inventory to production ratio reached 19.6% in March 2019, up by about 51.6% compared with 12.93% in February 2019 but down by about 19.0% compared with 24.19% in March 2018.

According to the following graph, the inventory to production ratio of ferrovanadium producers in Hubei, Sichuan, Taiwan, Liaoning and Hebei was 26.32%, 10%, 50%, 24.71% and 30% respectively. In particular, the figure in Hubei suffered a decline MOM while the figures in Sichuan, Taiwan, Liaoning and Hebei saw increases MOM.