Chinese Vanadium Nitride Prices Keep Relatively Stable

BEIJING (Asian Metal) 18 Sep 23 – Due to sluggish downstream demand, some producers successively reduced prices in the past two days. Currently, mainstream prices of Chinese vanadium nitride VN N 14%min, V 77%min remain relatively stable at RMB134,000-137,000/t (USD18,420-18,832/t) EXW D/A 180 days from the middle of this week. In view of the strong willingness of steel mills to force down prices, insiders expect that mainstream prices of Chinese vanadium nitride would go down further next week, but the space would be limited.

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