Chinese Vanadium Nitride Producers Raise Prices

BEIJING (Asian Metal) 21 Sep 23 РIn view of rising purchase prices from steel mills, today most Chinese vanadium nitride producers lift their prices to check market responses, but nearly no deals are concluded on the market. Currently, mainstream prices of Chinese vanadium nitride VN N14%min, V77%min stand at RMB138,000-141,000/t (USD24.55-25.08/kg V) EXW D/A 180 days, unchanged from yesterday. Though rising purchase prices from steel mills inject certain confidence into market participants, insiders believe that mainstream prices of Chinese vanadium nitride would generally stay unchanged this week owing to limited deals concluded on the market.

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