Chinese Vanadium Nitride Producers Stop Quoting

BEIJING (Asian Metal) 27 Apr 22 – As vanadium nitride market sees serious cost upside down, Chinese vanadium nitride producers stop quoting and prefer to hold back from selling now. Currently, the mainstream dealing prices of Chinese vanadium nitride stop at RMB202,000-205,000/t (USD40.3-40.9/kg V) delivered D/A 180 days, the same as early last week.¬†Though raw material prices stay at a much higher level, considering that most producers face inventory pressure and terminal users’ soft demand continues due to COVID-19 control, insiders believe that the mainstream prices of Chinese vanadium nitride would edge down in the coming week.

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