BEIJING (Asian Metal) 11 May 23 – Due to the soft rebar market, Chinese vanadium nitride producers could hardly increase their prices. However, in view of the stalemate raw material prices, vanadium nitride market mentality fall into a stalemate this week. Currently, the mainstream prices of Chinese vanadium nitride stand at RMB152,000-155,000/t (USD28.6-29.1/kg V) Delivered D/A 180 days, down by RMB1,000/t (USD0.2/kg V) from this Monday. Considering that few producers would like to loosen their prices to promote sales anymore, insiders believe that the mainstream prices of Chinese vanadium nitride would stay in a stalemate in the coming week.
Please visit for more information https://www.asianmetal.com/news/1937546/Chinese-vanadium-nitride-market-sees-stalemate-mentality/14
