BEIJING (Asian Metal) 20 Apr 22 – Due to the soft demand from terminal users, most Chinese vanadium nitride producers faced increasing inventory pressure and market mentality stayed soft during the past week. Currently, the mainstream prices of Chinese vanadium nitride stand at RMB202,000-205,000/t (USD41.2-41.8/kg V) delivered D/A 180 days, unchanged from late last week. However, as raw material prices stay firm now, insiders believe that the mainstream prices of Chinese vanadium nitride would stay in a stalemate in the coming week.
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