BEIJING (Asian Metal) 21 Feb 23 – Supported by firm raw material prices, few vanadium nitride producers would like to loosen their prices to promote sales and the market mentality stayed in a stalemate during the past week. Currently, the mainstream prices of Chinese vanadium nitride stand at RMB205,000-208,000/t (USD39.2-39.8/kg V) delivered D/A 180 day, unchanged from early last week. Considering that steel-mills’ demand stays steady for the moment, insiders believe that that mainstream prices of Chinese vanadium nitride would keep firm in the coming week.
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