Chinese Vanadium Nitride Market Prices Firm

BEIJING (Asian Metal) 25 Aug 22 РAs too many producers reduced production and even stopped production, Chinese vanadium nitride market mentality stayed positive during the past week. Currently, the mainstream prices of Chinese vanadium nitride stand at RMB163,000-166,000/t (USD30.9-31.5/kg V) delivered D/A 180 days, unchanged from late last week. Considering that most suppliers who have inventory prefer to hold back from selling now, insiders believe that the mainstream prices of Chinese vanadium nitride would stay firm in the coming week.

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