For the Quarter Ending June 2026
Sodium Cyanide Prices in APAC
- In Indonesia, the Sodium Cyanide Price Index rose by 7.13% quarter-over-quarter, driven by freight increases.
- The average Sodium Cyanide price for the quarter was approximately USD 2023.67/MT, reflecting import parity.
- Sodium Cyanide Spot Price remained subdued as export cargo limited pass-through despite higher logistics expenses.
- Sodium Cyanide Price Forecast expects modest near-term fluctuation, contingent on freight and ammonia cost trajectories.
- Sodium Cyanide Production Cost Trend was upward due to caustic soda and ammonia input pressures.
- Sodium Cyanide Demand Outlook remained steady from mining leaching requirements, with no new commissioning demand.
- Sodium Cyanide Price Index showed intraquarter support, but inventories and balanced imports capped spot gains.
- Export logistics increases, stable origin output, and neutral currency moderated supplier pass-through into Indonesian market.
Why did the price of Sodium Cyanide change in June 2026 in APAC?
- Rising Shanghai–Jakarta freight elevated landed import costs, partially offset by available export cargoes into Indonesia.
- Earlier caustic soda cost easing reduced upstream pressure, allowing exporters to offer lower landed prices.
- Domestic mining procurement remained cautious with comfortable inventories, constraining demand absorption and limiting price increases.
China
- In China, the Sodium Cyanide Price Index rose by 6.47% quarter-over-quarter, led by feedstock costs.
- Sodium Cyanide Spot Price weakened in June as caustic soda falls and logistics improved marginally.
India
- In India, the Sodium Cyanide Price Index rose by 8.39% quarter-over-quarter, driven by feedstock and export demand.
- Competitive Asian cargoes and eased caustic soda costs pressured the Sodium Cyanide Spot Price during June deliveries.
Sodium Cyanide Prices in MEA
- In Mozambique, the Sodium Cyanide Price Index rose by 1.02% quarter-over-quarter, reflecting firmer export offers.
- The average Sodium Cyanide price for the quarter was approximately USD 2143.33/MT delivered CFR Beira.
- Mozambique Sodium Cyanide Spot Price tracked higher origin offers, supporting a firmer local Price Index.
- Short-term Sodium Cyanide Price Forecast signals limited upside as balanced supply constrains immediate price rallies.
- Sodium Cyanide Production Cost Trend rose from higher South African electricity tariffs and rail surcharges.
- Sodium Cyanide Demand Outlook remains stable; artisanal gold miners maintain procurement ahead of wet season.
- No inventory overhang allowed sellers to pass replacement costs through the Sodium Cyanide Price Index.
- Port berth delays and lead times raised landed costs, reflected in Sodium Cyanide Spot Price.
Why did the price of Sodium Cyanide change in June 2026 in MEA?
- Firmer South African and Chinese export offers raised landed costs, lifting CFR Beira price levels.
- Sustained import enquiries from artisanal and mid-tier gold miners supported steady procurement, preventing price declines.
- Marginal metical appreciation and eased port bottlenecks reduced landed cost pressure, enabling modest downward adjustment.
Tanzania
- In Tanzania, Sodium Cyanide Price Index rose by 8.4234% quarter-over-quarter, driven by firmer export offers.
- Sodium Cyanide Spot Price eased while Chinese and SA exporters discounted inventory, lowering replacement costs.
Sodium Cyanide Prices in North America
- Sodium Cyanide Spot Price remained firm throughout the quarter as robust gold mining activity in key regions like Nevada, where declining ore grades require higher cyanide loadings, sustained consistent consumption levels.
- Sodium Cyanide Production Cost Trend faced upward pressure from fluctuations in natural gas and ammonia feedstock costs, along with increased regulatory compliance expenses associated with the International Cyanide Management Code (ICMC) and stricter transportation safety protocols.
- Sodium Cyanide Demand Outlook remains robust, driven primarily by the gold mining sector, which accounts for over 85% of global sodium cyanide consumption. The need for higher reagent intensity due to processing lower-grade ores continues to support procurement levels.
- Major North American producers and suppliers include Cyanco (now part of Orica) and Orica USA Inc., with Cyanco headquartered in Sugar Land, Texas, and Orica maintaining a significant presence in the market.
- Supply chain dynamics remained balanced due to steady domestic production and regulated imports. However, buyers maintained consistent procurement policies to ensure a continuous supply for mining applications.
Why did the price of Sodium Cyanide change in June 2026 in North America?
- Prices experienced a modest increase in June 2026 as gold extraction activities continued at a steady pace, maintaining consistent demand from the mining sector.
- This upward pressure on the Sodium Cyanide Spot Price was partially restrained by cautious buyer behavior and adequate inventory levels throughout distribution channels, which prevented a sharper spike.
- The Sodium Cyanide Price Index was further supported by elevated compliance costs related to stringent safety and environmental regulations for hazardous chemical transportation, which added to the overall cost structure for suppliers.
Sodium Cyanide Prices in Europe
- Sodium Cyanide Spot Price remained stable with limited volatility, as moderate consumption from specialty chemical applications and limited gold mining activity kept the market balanced.
- Sodium Cyanide Production Cost Trend is significantly influenced by high European energy tariffs and elevated regulatory compliance costs associated with the EU's strict environmental and safety standards, including tightened EU ETS and ICMC real-time telemetry requirements.
- Sodium Cyanide Price Forecast for Europe indicates moderate growth, constrained by limited regional mining demand but supported by demand from electroplating, organic chemical synthesis, and pharmaceutical intermediate production.
- Sodium Cyanide Demand Outlook remains subdued relative to other regions, driven primarily by specialty industrial applications rather than large-scale mining operations. The region emphasizes advanced chemical handling practices and comprehensive safety protocols.
- European manufacturers and suppliers include CyPlus GmbH, which operates modern production facilities serving both regional and international markets with a focus on quality and regulatory compliance.
Why did the price of Sodium Cyanide change in June 2026 in Europe?
- Prices edged slightly upward in June 2026, primarily due to increased compliance costs for European producers, as ICMC auditors mandated real-time telemetry on cyanide transport and storage, adding 15-25% to annual compliance budgets.
- This was compounded by higher energy tariffs in Europe, which are a significant component of the Sodium Cyanide Production Cost Trend, limiting the potential for price reductions.
- The Sodium Cyanide Price Index was also buoyed by moderate demand from the pharmaceutical and specialty chemical sectors, providing a stable consumption floor that prevented any price erosion despite the limited gold mining activity in the region.
For the Quarter Ending March 2026
Sodium Cyanide Prices in APAC
- In Indonesia, the Sodium Cyanide Price Index rose by 4.62% quarter-over-quarter due to logistics pressures.
- The average Sodium Cyanide price for the quarter was approximately USD 1889/MT, supported by stable inventories.
- Sodium Cyanide Spot Price saw upward pressure as importers absorbed higher freight and feedstock costs.
- Sodium Cyanide Price Forecast anticipates moderate volatility from freight swings, feedstock shifts, and precautionary stocking.
- Sodium Cyanide Production Cost Trend rose with caustic soda and hazardous-cargo surcharges increasing production expenses.
- Sodium Cyanide Demand Outlook remains firm as gold mining procurement continued, reducing buyer price sensitivity.
- Sodium Cyanide Price Index volatility mirrored stable Chinese and Australian flows despite wet-season port delays.
- Domestic inventories remained adequate while importers precautionarily topped stocks amid slower discharge and logistical uncertainties.
Why did the price of Sodium Cyanide change in March 2026 in APAC?
- Higher caustic-soda and hazardous-cargo surcharges raised production and landed costs for Indonesian importers in March.
- Shanghai Jakarta freight increases and wet-season port slowdowns amplified logistics delays and precautionary stocking requirements.
- Sustained gold-mining reagent demand reduced buyer price sensitivity, enabling acceptance of offers despite higher costs.
Sodium Cyanide Prices in MEA
- In Mozambique, the Sodium Cyanide Price Index fell by 2.69% quarter-over-quarter, due to weaker buying.
- The average Sodium Cyanide price for the quarter was approximately USD 2121.67/MT, amid subdued restocking.
- Sodium Cyanide Spot Price remained pressured by South African, Chinese export offers with subdued enquiries.
- Sodium Cyanide Price Forecast suggests modest near-term volatility if logistics tighten or inventories meaningfully deplete.
- Sodium Cyanide Production Cost Trend shows pressure from higher ammonia and freight linked to conflict.
- Sodium Cyanide Demand Outlook remains muted as artisanal mid-tier miners draw stocks and delay purchases.
- Sodium Cyanide Price Index dynamics reflected episodic port congestion, wet-season trucking surcharges and parcel competition.
- Regional suppliers operated normally, thereby keeping export allocations stable and preventing immediate sharp price escalation.
Why did the price of Sodium Cyanide change in March 2026 in MEA?
- Stronger export offers from South Africa and China raised landed costs, prompting importers to accept firmer March CFR Beira.
- Wet-season trucking surcharges increased inland delivery costs, amplifying CFR Beira inflation despite otherwise balanced seaborne availability.
- Episodic berth congestion delayed clearances, encouraging front-loaded purchases and tightening prompt availability for immediate operational needs.
Sodium Cyanide Prices in North America
- In United States, the Sodium Cyanide Price Index fluctuated quarter-over-quarter in Q1 2026, driven by elevated production costs.
- The Sodium Cyanide Production Cost Trend increased as the Producer Price Index rose 4.0% year-over-year in March 2026.
- Consumer Price Index inflation reached 3.3% year-over-year in March 2026, pushing up energy-intensive Sodium Cyanide production expenses.
- The Sodium Cyanide Demand Outlook strengthened because the Manufacturing Index expanded during the quarter ending March 2026.
- Retail sales grew 4.0% year-over-year in March 2026, sustaining downstream demand for Sodium Cyanide -derived synthetic fibers.
- Industrial production increased 0.7% year-over-year in March 2026, providing baseline support for general chemical manufacturing needs.
- Byproduct sulfuric acid supply tightened as several nonferrous-metal smelters experienced planned maintenance periods in Q1 2026.
- Construction sector demand for Sodium Cyanide derivatives showed mixed signals as multifamily housing starts surged in January 2026.
- The Sodium Cyanide Price Forecast remained bullish throughout Q1 2026 due to sustained cost-push inflation and steady demand.
Why did the price of Sodium Cyanide change in March 2026 in North America?
- Elevated input costs passed through the supply chain as the Producer Price Index rose in March 2026.
- The Manufacturing Index expanded in March 2026, driving higher consumption of highly reactive base chemical intermediates.
For the Quarter Ending December 2025
Sodium Cyanide Prices in APAC
- In Indonesia, the Sodium Cyanide Price Index rose by 0.78% quarter-over-quarter, reflecting buying and demand.
- The average Sodium Cyanide price for the quarter was approximately USD 1805.67/MT, reflecting stable imports.
- Sodium Cyanide Spot Price remained anchored by steady Australian and Chinese export offers, unchanged freight.
- Sodium Cyanide Price Forecast projects marginal monthly adjustments driven by seasonal restocking and freight premia.
- Sodium Cyanide Production Cost Trend showed muted feedstock pressure as caustic soda remained rangebound thus.
- Sodium Cyanide Demand Outlook is balanced with mining consumption steady, while buyers avoid inventory expansion.
- Sodium Cyanide Price Index stability reflected smooth import pipeline, port operations and narrow rupiah bands.
- Term-contract buying by mines kept spot liquidity thin, constraining volatility despite balanced supply, pressuring spreads.
Why did the price of Sodium Cyanide change in December 2025 in APAC?
- Balanced import flows and ample East Asian export availability prevented upward pressure on landed costs.
- Mining demand remained with term purchasing predominant, limiting spot enquiries and sustaining Price Index stability.
- Muted feedstock pressures and stable freight rates constrained production cost pass-through to sodium cyanide prices.
Sodium Cyanide Prices in MEA
- In Mozambique, the Sodium Cyanide Price Index rose by 5.03% quarter-over-quarter, because license suspensions occurred.
- The average Sodium Cyanide price for the quarter was approximately USD 2180.33/MT CFR Beira offers.
- Sodium Cyanide Spot Price fell in December as South African replacement offers undercut domestic quotes.
- Sodium Cyanide Price Forecast signals early 2026 volatility from mining purchasing cycles and freight stability.
- Sodium Cyanide Production Cost Trend stayed muted as feedstock and hydrogen cyanide supply remained stable.
- Sodium Cyanide Demand Outlook remains cautious with enforcement and selective restocking tempering procurement by miners.
- Sodium Cyanide Price Index reflected import availability, South African exports, and inventory drawdowns by distributors.
- South African producers ran schedules, enabling marketers to trim offers while trucking premia stayed steady.
Why did the price of Sodium Cyanide change in December 2025 in MEA?
- License suspensions in Manica reduced procurement certainty, tightening merchant availability and prompting precautionary restocking regionally.
- South African replacement cargoes and steady freight lowered costs, prompting easing of December spot offers.
- Buyers deferred purchases after prior quarter stocking, exporters maintained schedules and import stocks remained adequate.
Sodium Cyanide Prices in North America
- The Price Index of Sodium Cyanide in North America exhibited a mixed-to-firm trend during Q4 2025, supported by stable mining demand and controlled supply conditions.
- The Sodium Cyanide Spot Price remained relatively firm across the quarter, reflecting consistent contract-based procurement by end-users, particularly in the gold mining sector.
- Sodium Cyanide is primarily utilized in gold and silver mining (heap leaching and cyanidation process), which dominates its consumption.
- Producers maintained balanced operating rates, while logistics and hazardous material handling regulations ensured controlled supply flows.
- The Sodium cyanide Production Cost Trend remained stable to slightly elevated due to steady ammonia and natural gas prices, which are key feedstocks.
- The Sodium cyanide Demand Outlook remained strong, largely driven by sustained gold mining activity across the U.S. and Canada.
- Stable gold prices encouraged mining companies to maintain high extraction rates, supporting consistent offtake.
- The Sodium Cyanide Price Forecast indicates a stable-to-firm trend in the near term, supported by steady mining demand and controlled supply conditions.However, any fluctuations in gold prices or mining activity may directly impact demand and pricing momentum.
For the Quarter Ending September 2025
APAC
- In Indonesia, Sodium Cyanide Price Index fell by 5.54% quarter-over-quarter, reflecting weaker Chinese export parity.
- The average Sodium Cyanide price for the quarter was approximately USD 1791.67/MT, reflecting stable imports.
- Weak regional demand pressured the Sodium Cyanide Spot Price while Indonesian import volumes remained steady.
- Forward curves suggest modest rebound per the Sodium Cyanide Price Forecast amid increased exploration activity.
- Lower Chinese feedstock costs eased the Sodium Cyanide Production Cost Trend and reduced landed costs.
- Sustained gold mining activity supports the Sodium Cyanide Demand Outlook despite cautious procurement strategies.
- Inventory levels and steady freight kept the Sodium Cyanide Price Index muted, limiting upside pressure.
- Major supplier availability and balanced imports maintained market equilibrium, aligning Sodium Cyanide Price Forecast consensus.
Why did the price of Sodium Cyanide change in September 2025 in APAC?
- Chinese export price declines lowered Indonesian landed costs, reducing domestic procurement bids and spot quotations.
- Stable freight and steady import flows maintained availability, preventing shortages and limiting upward price movements.
- Mining demand remained steady while exploration activity offered support, resulting in modest net price easing.
MEA
- In Mozambique, the Sodium Cyanide Price Index rose by 0.47% quarter-over-quarter in Q3 2025, modestly.
- The average Sodium Cyanide price for the quarter was approximately USD 2076.00/MT, excluding logistics costs.
- Sodium Cyanide Spot Price displayed limited movement, the Price Index reflecting steady landed cost dynamics.
- Sodium Cyanide Price Forecast indicates marginal adjustments driven by balanced supply and steady mining demand.
- Sodium Cyanide Production Cost Trend eased with lower Indian export prices, reducing costs for importers.
- Sodium Cyanide Demand Outlook remains stable driven by ongoing mining activity and industrial investment projects.
- Inventory accumulation and moderate export demand pressured the Price Index, prompting procurement and inventory management.
- Major supplier operations remained stable, with Mozambican imports supported by solid reserves and smooth logistics.
Why did the price of Sodium Cyanide change in September 2025 in MEA?
- Lower Indian export prices transmitted to Mozambique reduced landed costs, lowering local Sodium Cyanide prices.
- Stable mining activity maintained demand, but cautious inventory management restrained upward price momentum in September.
- Favorable foreign reserves, smooth logistics minimized market volatility, enabling steady procurement and muted price movement.
North America
- The Price Index for Sodium Cyanide in North America remained fluctuating throughout Q3 2025, primarily driven by mining sector demand and industrial chemical usage. The Sodium Cyanide Spot Price saw moderate upward movements in July and August, followed by a slight correction in September.
- Why prices in September 2025 Changed: Prices decreased in September 2025 due to reduced gold mining activity in North America and stable supply from regional producers, easing short-term pressure on inventory levels.
- Sodium Cyanide is predominantly used in gold and silver extraction, electroplating, organic chemical synthesis, and as a precursor in pharmaceuticals and specialty chemicals.
- The Sodium Cyanide Production Cost Trend remained relatively stable, with minor fluctuations in raw material (hydrogen cyanide) and energy costs.
- Demand Outlook: The Sodium Cyanide Demand Outlook indicates recovery in Q4 2025 as gold mining activity resumes, supporting moderate growth. The Sodium Cyanide Price Forecast suggests potential stabilization or slight increase if downstream mining demand strengthens.
Europe
- The Price Index for Sodium Cyanide in Europe showed fluctuating trends throughout Q3 2025, influenced by industrial chemical production, mining inputs, and regulatory compliance requirements. The Sodium Cyanide Spot Price saw minor increases in July and August, followed by stabilization in September.
- Why September 2025 Changed: Prices increased slightly in September 2025 due to rising demand from industrial electroplating and specialty chemical sectors, coupled with higher energy costs affecting European production.
- Downstream Uses: Sodium Cyanide is widely used in mineral processing, metal plating, organic chemical synthesis, and pharmaceutical intermediates in Europe.
- Production Cost Trend: The Sodium Cyanide Production Cost Trend experienced moderate upward pressure in Q3 2025, largely due to electricity and hydrogen cyanide feedstock costs.
- Demand Outlook: The Sodium Cyanide Demand Outlook for Q4 2025 remains positive, with steady demand expected from mining and industrial sectors. The Sodium Cyanide Price Forecast suggests moderate stability with potential upward movement if energy prices remain high.
