Chinese Vanadium Nitride Prices Edge Down

BEIJING (Asian Metal) 15 Mar 23 РIn view of the sufficient supply in spot market, Chinese vanadium nitride market mentality stayed negative during the past week. Currently, the mainstream prices of Chinese vanadium nitride stand at RMB203,000-206,000/t (USD37.9-38.4/kg V) delivered D/A 180 days, down by RMB1,000/t (USD0.2/kg V) from late last week. Though raw material prices stay in a stalemate, considering that the weak market mentality continues, insiders believe that the mainstream prices of Chinese vanadium nitride would edge down in the coming week.

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