BEIJING (Asian Metal) 15 Mar 23 – In view of the sufficient supply in spot market, Chinese vanadium nitride market mentality stayed negative during the past week. Currently, the mainstream prices of Chinese vanadium nitride stand at RMB203,000-206,000/t (USD37.9-38.4/kg V) delivered D/A 180 days, down by RMB1,000/t (USD0.2/kg V) from late last week. Though raw material prices stay in a stalemate, considering that the weak market mentality continues, insiders believe that the mainstream prices of Chinese vanadium nitride would edge down in the coming week.
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