Chinese Vanadium Nitride Prices Weak

BEIJING (Asian Metal) 15 Aug 23 – In view of the soft rebar market, Chinese vanadium nitride market mentality stayed negative over the past week. Currently, the mainstream prices of Chinese vanadium nitride stand at RMB161,500-164,500/t (USD29-29.5/kg V) Delivered D/A 180 days, unchanged from early last week. Considering that the sufficient supply in spot market continues, insiders expect that the mainstream prices of Chinese vanadium nitride would stay soft in the coming week.

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