BEIJING (Asian Metal) 25 Sep 23 – Supported by raw material price up, Chinese vanadium nitride producers increase their prices accordingly and the market mentality turned positive over the past week. Currently, the mainstream prices of Chinese vanadium nitride stand at RMB138,000-141,000/t (USD24.6-25.1/kg V) Delivered D/A 180 days, up by RMB6,000/t (USD1.1/kg V) from early last week. Considering that the strong market mentality continues, insides expect that the mainstream prices of Chinese vanadium nitride would move up further in the coming week.
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