Chinese Vanadium Nitride Prices Weak

BEIJING (Asian Metal) 20 Jul 23 – In view of the sufficient supply in spot market, Chinese vanadium nitride market mentality stayed weak over the past week. Currently, the mainstream prices of Chinese vanadium nitride stand at RMB162,000-165,000/t (USD29-29.6/kg V) Delivered D/A 180 days, unchanged from late last week.¬†Considering that no signs show that steel mills’ demand could grow in July, insiders predict that the mainstream prices of Chinese vanadium nitride would stay soft in the coming week.

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