BEIJING (Asian Metal) 16 Jun 22 – Due to the orderly procurement of terminal users during the past week, Chinese vanadium nitride market saw solid mentality. Currently, the mainstream prices of Chinese vanadium nitride stand at RMB180,000-183,000/t (USD35.1-35.7/kg V) delivered D/A 180 days, up by RMB3,000/t (USD0.6/kg V) from late last week. Considering that most producers prefer to hold back from selling now, insiders believe that the mainstream prices of Chinese vanadium nitride would stay firm in the coming week.
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