BEIJING (Asian Metal) 30 Dec 22 – As raw material prices moved up during the past week, Chinese vanadium nitride producers had strong intention to increase their prices just in order to guarantee their basic profit. At present, the mainstream prices of Chinese vanadium nitride stand at RMB190,000-193,000/t (USD35.4-35.9/kg V) delivered D/A 180 day, up by RMB4,000/t (USD0.7/kg V) from late last week. Though buyers keep reluctant to purchase, supported by rising raw material prices, insiders believe that the mainstream prices of Chinese vanadium nitride would move up further in the coming week.
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