Evonik is expanding downstream processing at its Fermas site in Slovakia for biosurfactants and pharmaceutical ingredients, adding commercial output. The capacity increase raises available supply of these specialty chemicals, likely putting downward pressure on prices.
Asia
Sodium cyanide markets in China remained supported during early Q2 as ammonia availability tightened due to maintenance and equipment disruptions at some production facilities. This increased production-cost pressure and supported supplier positions. Conditions became more balanced later as ammonia plants restarted, inventories improved and producers maintained stable operations. Domestic mining demand was mixed, with lower domestic raw-material gold production limiting some consumption, while imported-material processing and overseas mining activity supported demand. Australia also increased regional supply availability after completing the first phase commissioning of a major sodium cyanide facility, reducing the risk of prolonged shortages across Asian mining markets.
Europe
European sodium cyanide conditions remained stable during Q2’26, supported by steady gold-mining demand but limited by weaker chemical-sector activity. Gold processing operations provided consistent consumption, although mining throughput remained moderate. Broader chemical demand was constrained by lower operating rates, weaker trade activity and reduced industrial production. Limited regional production capacity and import dependence provided some market support, but subdued industrial conditions prevented significant demand growth. The market remained balanced as mining requirements offset weaker chemical-sector consumption.
North America
North American sodium cyanide demand remained firm during Q2’26, supported by strong gold-mining activity and reliable production availability. Major mining operations maintained high processing rates, supporting reagent consumption. Production reliability improved as key cyanide facilities completed safety upgrades and maintained operational certifications. Stable natural gas availability supported ammonia and chemical production conditions, reducing feedstock-related risks. Higher expected gold output and continued mine throughput kept demand healthy, while improved supply reliability prevented severe market tightening.
Analyst Insight
According to Procurement Resource, sodium cyanide conditions are expected to remain supported by gold-processing demand, while improved production capacity and feedstock availability may keep supply conditions balanced.
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Asia
Sodium cyanide prices in Asia showed a stable-to-slightly upward trend in Q1’26, tracking feedstock conditions and mining demand. The market remained balanced in January as caustic soda prices were steady amid ample supply and cautious downstream buying. Demand from gold mining stayed consistent, limiting downside. By February and March, restocking activity and tighter inventories supported recovery. Rising energy and freight costs linked to the Strait of Hormuz disruption increased production expenses, which gradually passed through to sodium cyanide prices. Export activity from China remained strong, while reduced imports indicated sufficient domestic supply, supporting regional stability.
Europe
Sodium cyanide prices in Europe followed a clear upward trend in Q1’26, driven by cost-side pressure and stable mining demand. The rise in caustic soda costs, combined with higher energy expenses, increased production costs for sodium cyanide. Geopolitical tensions and shipping disruptions through the Strait of Hormuz raised freight and insurance rates, tightening import availability. Steady demand from gold extraction allowed these higher costs to pass through, supporting firm price movement toward the quarter close.
North America
Sodium cyanide prices in North America remained stable early in Q1’26 and moved slightly upward by the end of the quarter. Balanced supply-demand conditions and steady gold mining activity supported consistent consumption. The influence of caustic soda feedstock remained moderate, while rising energy and logistics costs following the Iran war added upward pressure. Domestic production reduced exposure to import disruption, but higher transportation costs supported firmer market sentiment toward March.
Sodium cyanide is an inorganic compound that has a white appearance and is a water-soluble solid. Because of the chemical's high affinity for metals, this salt is extremely toxic. Its primary applications include gold mining, which takes advantage of its high reactivity to metals. It has a moderately strong foundation. When exposed to acid, it can produce the toxic gas hydrogen cyanide.
NaCN
Mining, Electroplating
Cyanosodium
Anhui Shuguang Chemical Group, Cyanco Corporation, Chemours Company, Orica Limited, Taekwang Industrial Co., Ltd, CyPlus GmbH
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.
In the process using hydrogen cyanide and caustic soda, sodium cyanide is produced by reacting liquid anhydrous hydrogen cyanide with a sodium hydroxide solution. The finished product is a 30% wt solution of sodium cyanide.
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