Chinese Vanadium Nitride Prices Keep Flat

BEIJING (Asian Metal) 1 Nov 23 – The downstream demand becomes poor, but in view of the fact that most producers have no intention of reducing prices supported by costs, currently mainstream prices of Chinese vanadium nitride VN N14%min, V77%min remain stable at RMB137,000-140,000/t (USD18,725-19,135/t) EXW D/A 180 days from yesterday. Although the market is well supplied, insiders expect that mainstream prices of Chinese vanadium nitride would keep flat in the coming week, given that most sellers insist on holding prices firm.

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