Chinese Vanadium Nitride Market Sees Stalemate Mentality

BEIJING (Asian Metal) 10 Aug 22 РDue to the soft demand from terminal users, Chinese vanadium nitride market could hardly get rid of stalemate though producers preferred to hold back from selling during the past week. Currently, the mainstream prices of Chinese vanadium nitride stand at RMB144,000-147,000/t (USD27.7-28.3/kg V) delivered D/A 180 days, unchanged from late last week. Considering that few buyers would like to build inventory for the moment, insiders believe that the mainstream prices of Chinese vanadium nitride would stay in a stalemate in the coming week.

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