Chinese Vanadium Nitride Prices Up

BEIJING (Asian Metal) 19 Sep 22 РAs producers could hardly lock their production cost due to the tight supply of raw materials, Chinese vanadium nitride producers preferred to hold back from selling and the market mentality went strong during the past week. Currently, the mainstream prices of Chinese vanadium nitride stand at RMB178,000-181,000/t (USD33.4-33.9/kg V) delivered D/A 180 days, up by about RMB6,000/t (USD1.1/kg V) from early last week. Considering that the positive market mentality continues, insiders expect that the mainstream prices of Chinese vanadium nitride would keep moving up in the following week.

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