BEIJING (Asian Metal) 20 Dec 22 – Supported by raw material price up, Chinese vanadium nitride producers had strong intention to increase their prices, but no buyers would like to follow up. Currently, the mainstream prices of Chinese vanadium nitride stand at RMB186,000-189,000/t (USD34.6-35.2/kg V) delivered D/A 180 days, unchanged from early last week. Considering that steel-mills’ demand stays not strong enough, insiders believe that the mainstream prices of Chinese vanadium nitride would keep in a stalemate in the coming week.
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