Chinese Vanadium Nitride Prices Up

BEIJING (Asian Metal) 11 Jan 23 РSupported by raw material price up, Chinese vanadium nitride market mentality went strong during the past week. Currently, the mainstream prices of Chinese vanadium nitride stand at RMB195,000-198,000/t (USD37.3-37.9/kg V) delivered D/A 180 day, up by RMB3,000/t (USD0.6/kg V) from late last week. Considering that few producers quote to sell in spot market due to the unlocked raw material prices, insiders believe that the mainstream prices of Chinese vanadium nitride would move up further in the coming week.

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