AM Stats: Chinese magnesium alloy producers' inventory-to-production ratio down by 53.5% MOM in Dec
2020-01-20 14:47:13 [Print]
BEIJING (Asian Metal) 20 Jan 20 - Statistics from Asian Metal Database show that Chinese magnesium alloy producers maintained an inventory-to-production ratio of 3% in December 2019, down by 39
In December 2019, magnesium alloy producers in Jiangsu, Shanghai and Shanxi had an inventory-to-production ratio of 2.28%, 3 . 51% and 1 . 85% respectively, down by 51 . 1%, 35 . 6% and 54 . 1% MOM; and producers in Shaanxi had an inventory-to-production ratio of 12%, up by 17% MOM.
. 3% MOM and by 53 . 5% YOY. Chinese magnesium alloy producers' inventory-to-production ratios by month from Jan 2018 to Dec 2019 (%)
In December 2019, magnesium alloy producers in Jiangsu, Shanghai and Shanxi had an inventory-to-production ratio of 2.28%, 3 . 51% and 1 . 85% respectively, down by 51 . 1%, 35 . 6% and 54 . 1% MOM; and producers in Shaanxi had an inventory-to-production ratio of 12%, up by 17% MOM.
Chinese magnesium alloy producers' inventory-to-production ratios by province from Jan 2018 to Dec 2019 (%)