Chinese Vanadium Nitride Prices Remain Stable

BEIJING (Asian Metal) 28 Sep 23 РAlthough the market supply is sufficient, most producers have no intention of reducing prices supported by costs. Therefore, current mainstream prices of Chinese vanadium nitride VN N14%min, V77%min keep stable at RMB139,000-142,000/t (USD19,013-19,423/t) EXW D/A 180 days from yesterday. Downstream steel mills successively purchase around the National Day, but due to sufficient market supply, insiders expect that mainstream prices of Chinese vanadium nitride would hover at the current level in the coming week.

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