Tuesday, May 2, 2023

 Sodium cyanide is an extremely poisonous and harmful chemical with the formula NaCN. It has a molecular weight of 46.006 g/mol. Because of its toxic nature, sodium cyanide is used by many as a chemical to kill insects and rodents. The other names for sodium cyanide are Cyanobrik, Cyanide of sodium, cyanide salt, or Cyanogen.

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It is generally a sodium salt and a one-carbon compound that appears white in colour and is water soluble. Moreover, sodium cyanide is an inorganic compound since it is a stable chemical compound that does not have an instituted carbon and hydrogen bond.

China is the world's leading producer and supplier of Sodium Cyanide, followed by Japan and South Korea.

Key Details About the Sodium Cyanide Price Trend:

Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the Sodium Cyanide price in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.

Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as excel files that can be used offline.

The Sodium Cyanide Price analysis, including India Sodium Cyanide price, USA Sodium Cyanide price, pricing database, and chart can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.

Industrial Uses Impacting Sodium Cyanide Price Trend:

Price Trend ImageSodium cyanide is extensively used in the mining sector. The primary utilisation of sodium cyanide in mining is exhibited in the procedure of extracting gold and other valuable metals from mines. It also supports the production of various commercially substantial chemical compounds like cyanogen chloride, many types of nitriles, and cyanuric chloride. Sodium cyanide is an extremely toxic chemical, and hence it is used by many people to kill insects and rodents. Moreover, in several industries, it is utilised for cleaning metals. Besides it is also used in the dye industry to make dyes. Furthermore, the substance is also employed to produce the electroplating solution in several industries.

Key Players:

  • Anhui Shuguang Chemical Group
  • Cyanco Corporation
  • Chemours Company
  • Orica Limited
  • Taekwang Industrial Co., Ltd
  • CyPlus GmbH

News & Recent Development

  • April 03, 2023: An anti-dumping probe has been initiated by India on the imports of hazardous chemicals, sodium cyanide, from China, the European Union, Japan, and Korea. The probe was actioned when a complaint was made for the Indian-based market players. The investigation arm Directorate General of Trade Remedies (DGTR), belonging to the Ministry of Commerce, is examining the suspected dumping of cyanide commencing in or exported from these countries. Hindusthan Chemical Company and United Phosphorous Ltd have filed an application for the investigation and the obligation of suitable anti-dumping duty on imports from these countries.

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We have a team of highly experienced analysts who perform comprehensive research to deliver our clients the newest and most up-to-date market reports, cost models, price analysis, benchmarking, and category insights, which help in streamlining the procurement process for our clientele. Our team tracks the prices and production costs of a wide variety of goods and commodities, hence providing you with the latest and consistent data.

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