Chinese Vanadium Nitride Market Sees Cost Upside Down

BEIJING (Asian Metal) 26 Apr 22 РAs most producers had inventory pressure, Chinese vanadium nitride market mentality stayed weak during the past week and the production cost saw serious upside down. At present, the mainstream prices of Chinese vanadium nitride stand at RMB202,000-205,000/t (USD40.3-40.9/kg V) delivered D/A 180 days, unchanged from early last week. Considering that inquiries from terminal users stay rare now, insiders believe that the mainstream prices of Chinese vanadium nitride would edge down in the coming week.

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