Chinese Vanadium Nitride Producers Stop Quoting To Sell

BEIJING (Asian Metal) 8 Mar 22 – As domestic raw material prices suddenly increased due to the prices soaring in international market during the past week, Chinese vanadium nitride producers couldn’t quote to sell now. Currently, the mainstream prices of Chinese vanadium nitride stand at RMB195,000-198,000/t (USD40.1-40.8/kg V) EXW D/A 180 days, unchanged from middle last week.¬†Though steel mills hold strong resistance for prices rise, in view of the growing production cost, insiders believe that the mainstream prices of Chinese vanadium nitride would move up in the coming week.

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