Chinese Vanadium Nitride Market Sees Growing Inventory

BEIJING (Asian Metal) 15 Apr 22 РDue to the soft demand from terminal users, most Chinese vanadium nitride producers face increasing inventory pressure now. Currently, the mainstream prices of Chinese vanadium nitride stand at RMB202,000-205,000/t (USD41.2-41.8/kg V) delivered D/A 180 days, unchanged from late last week. Considering that most buyers prefer to watch the market and the soft mentality continues, insiders believe that the mainstream prices of Chinese vanadium nitride would face huge dropping pressure in the coming week.

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