Chinese Vanadium Nitride Prices Down

BEIJING (Asian Metal) 28 Sep 22 РThough raw material price stayed firm, due to the soft vanadium nitride demand from terminal users, Chinese vanadium nitride market mentality turned weak slightly during the past week. Currently, the mainstream prices of Chinese vanadium nitride stand at RMB180,000-183,000/t (USD33.5-34.1/kg V) delivered D/A 180 days, down by RMB2,000/t (USD0.4/kg V) from late last week. Considering that most buyers prefer to watch the market now, insiders believe that the mainstream prices of Chinese vanadium nitride would stay weak in the coming week.

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