Udeesha Tomar
AVP - Strategy and Solutions
Leading procurement research solutions across chemicals, materials, and food & beverages, with expertise in price forecasting and market analytics.
Hydrogen Cyanide Price Trend Analysis 2026: Historical Prices, Latest News, Market Insights, Supply Demand Analysis & Price Drivers
Written ByUdeesha Tomar
Hydrogen Cyanide Price Trend Q2 2026
- Global hydrogen cyanide markets remained firm in early Q2 2026 as higher energy costs, feedstock pressure and precautionary inventory building supported production economics.
- Feedstock conditions were influenced by natural gas, ammonia and methane availability, with HCN production highly sensitive to energy and chemical input costs.
- Downstream demand was supported by methionine, MMA, pharmaceuticals and specialty chemicals, while weaker chemical utilisation limited growth in some regions.
Asia
Hydrogen cyanide-linked markets in China remained supported during early Q2 due to higher chemical input costs, safety-stock building and stronger demand from derivative industries. Methionine demand provided significant support, with liquid methionine volumes showing strong growth in China and encouraging captive HCN consumption. Higher-value applications also benefited from stronger manufacturing activity, with pharmaceutical production increasing 4.0% year over year, rubber and plastic products rising 6.2%, and computer, communication and electronic equipment expanding 17.0% in May. New-energy vehicle production reached 1.489 million units in May, increasing 17.8% year over year, supporting demand for MMA-based materials and electronic applications. However, broader chemical demand remained moderate, with raw chemical materials and chemical products output increasing only 0.3% year over year in May. Additional methionine capacity, including a 150,000-tonne-per-year plant nearing trial production, is expected to increase future HCN demand.
Europe
European HCN markets remained cost-supported but demand constrained during Q2’26. High energy and raw material expenses supported production economics, but chemical operating rates remained weak, limiting consumption across resins, coatings, adhesives and nylon-related chains. Chemical capacity utilisation remained at 74.3% during Q2, below the long-term average of 81.3%, reflecting limited industrial demand. Methionine-related demand showed better stability compared with construction and automotive-linked applications. Improved methanol supply infrastructure for methionine production also strengthened supply reliability, but weak manufacturing activity restricted broader HCN demand recovery.
North America
North American HCN conditions benefited from stable natural gas availability and improving chemical-sector activity. Industrial natural gas consumption averaged 23.6 billion cubic feet per day in 2025, supporting feedstock availability for integrated chemical production. Chemical manufacturers entered Q2 with stronger orders and improved utilisation, supporting HCN-linked applications. Temporary acetone shortages during April supported acetone cyanohydrin-based MMA economics due to production outages and strong export demand. However, the full operation of a 250,000-tonne-per-year MMA facility using an HCN-free route reduced long-term demand growth potential for conventional HCN consumption.
Analyst Insight
According to Procurement Resource, HCN markets are expected to remain influenced by methionine demand, energy costs and derivative production trends, with alternative technologies limiting growth in some applications.
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- Hydrogen cyanide prices remained firm across major regions in Q1’26, with Asia showing a measured increase, Europe facing sharper cost pressure, and North America supported by tight derivative markets.
- Ammonia, natural gas, crude-linked logistics, and freight risk pushed production costs higher after the Iran war and Strait of Hormuz closure disrupted Middle East supply flows.
- Downstream demand from MMA, acrylonitrile, sodium cyanide, and specialty chemicals supported pricing, though buyers stayed cautious due to high input costs.
Asia
In the first quarter of 2026, the average price was INR 375.42/kg, which was INR 372.46/kg in January, and INR 370.68/kg and INR 383.11/kg in the subsequent months. During the quarter, prices registered a rise of ~2.86%. Compared with INR 375.42/kg in Q1 2026, the previous quarter’s average prices were around INR 360.56/kg, showing a quarter-on-quarter increase of ~4.12%. The increase was supported by higher ammonia-linked costs, firm energy values, and cautious downstream procurement from cyanide-based chemicals. The Strait of Hormuz disruption raised freight and energy risk for Asian importers, though India’s price rise remained moderate as demand growth was steady rather than aggressive.
Europe
Hydrogen cyanide prices in Europe were pressured upward in Q1’26 as natural gas and ammonia costs climbed sharply after the Iran war disrupted Middle East cargo movement. The region was more exposed to energy driven production costs, and limited HCN availability tightened the MMA chain. Buyers in plastics, coatings, and specialty chemical applications faced higher replacement costs, keeping sentiment firm despite cautious purchasing.
North America
North American hydrogen cyanide prices were supported by firm downstream demand from MMA and acrylonitrile markets. The region faced less direct gas-cost pressure than Europe, but global supply-chain stress, higher freight insurance, and tighter derivative availability supported price firmness. Buyers maintained need-based procurement, preventing sharper spikes.
About Hydrogen Cyanide
Hydrogen cyanide, also known as prussic acid, is a chemical compound, which is a colourless, extremely poisonous, and flammable liquid that boils at slightly above room temperature at 25.6 °C or 78.1 °F. It is prepared commercially and is a highly valuable precursor to several chemical compounds ranging from polymers to pharmaceuticals.
Hydrogen Cyanide Product Detail
Chemical Formula
HCN
Molecular Weight
27.02 g/mol
Industrial Uses
Agricultural products (non-pesticidal), Water treatment products, Intermediates, Solvents
Synonyms
Hydrocyanic acid, Formonitrile, Prussic acid
Supplier Database
Evonik Industries, INEOS, Air Liquide, Matheson Tri-Gas Inc, Ascend Performance Materials
Regional Coverage
Asia Pacific
China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea, Iraq, Saudi Arabia, Malaysia, Nepal, Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore, Oman, Kuwait, Qatar, Australia, and New Zealand
Europe
Germany, France, United Kingdom, Italy,Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece
North America
United States and Canada
Latin America
Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru
Africa
South Africa, Nigeria, Egypt, Algeria, Morocco
CurrencyUS$ (Data can also be provided in local currency)
Supplier Database AvailabilityYes
Customization ScopeThe report can be customized as per the requirements of the customer
Post-Sale Analyst Support360-degree analyst support after report delivery
Note: Our supplier search experts can assist your procurement teams in compiling and validating a list of suppliers indicating they have products, services, and capabilities that meet your company's needs.
Hydrogen Cyanide Production Processes
- Production of Hydrogen Cyanide from Methane and Ammonia
Andrussow oxidation, in which methane and ammonia react in the presence of oxygen at around 1200 °C over a platinum catalyst, produces hydrogen cyanide. This is the most widely used method of production.
Our Price Analysis Methodology
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