Benzyl Nitrile Price Trend and Forecast

Regional Price Overview

Get the latest insights on price movement and trend analysis of Benzyl Nitrile in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).

Benzyl Nitrile Price Trend for the the Second Half of 2023

Benzyl Nitrile prices were found to be fluctuating in a narrow range during the second half of the year 2023. The wide array of consuming industries guided its market sentiments, which were relatively positive during the initial three months of the said period.

Benzyl Nitrile Price Chart

Benzyl Nitrile Price Trends

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Pharma and chemical industries showcased an increased demand during the third quarter; however, the eventual overflow of benzyl nitrile inventories started pushing the price trend down. Along with the demand factor, the fluctuating crude oil and energy prices also impacted the benzyl nitrile’s market run. Hence, the price trajectory turned southwards towards the end of the fourth quarter. Conclusively, a very mixed market performance was witnessed in H2’23.

Analyst Insight

According to Procurement Resource, the Benzyl Nitrile prices are likely to fluctuate in the coming months; the market sentiments will largely be demand-dependent amid the current global economic scenario.

Benzyl Nitrile Price Trend for the First Half of 2023

Benzyl Nitrile prices flowed with the price patterns of feedstock Benzyl Chloride and metal cyanide. Market prices remained mixed for most of the said period. Prices observed bearish sentiments in the first quarter, especially in the Asian markets pertaining to high inventory levels. Europe and US witnessed high swinging trend in the first quarter, but prices mostly fluctuated on the lower end in the second quarter of 2023.

The major reason for the decline was the ramped-up production by Chinese production facilities after the Lunar New Year holidays. As the cheap Asian exports reached American and European shores, prices started normalizing there too. Moreover, eased transportation costs and freight restorations helped reduce the upstream pressure. Downstream demands from pharmaceuticals, dyes, and chemical industries fluctuated per demand and inventory stocks. Overall, truly mixed price trend were observed.

Analyst Insight

According to the Procurement Resource, the Benzyl Nitrile prices are expected to oscillate under the influence of feedstock benzyl chloride and uncertain downstream demands.

Procurement Resource provides latest prices Benzyl Nitrile. Each price database is tied to a user-friendly graphing tool dating back to 2014, which provides a range of functionalities: configuration of price series over user defined time period; comparison of product movements across countries; customisation of price currencies and unit; extraction of price data as excel files to be used offline.

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Benzyl Nitrile is basically known as a nitrile, which is acetonitrile, where one of the methyl hydrogens is replaced by a phenyl group. It is a colourless to pale yellow oily liquid with an aromatic odour and is insoluble in water. It is a nitrile and a member of the benzenes. It is a precursor to several derivatives and is also used in the production of amphetamines including phenobarbital.

Product Details

Report Features Details
Product Name Benzyl Nitrile
Industrial Uses Disinfectant byproduct, Drinking water contaminant, Pharmaceuticals, Dyes and perfumes, Pesticides, Penicillin precursors, Organic synthesis, Intermediate, Manufacturing chemical, Personal care products, Cosmetics
Chemical Formula C8H7N
Synonyms 140-29-4, Phenylacetonitrile, Benzeneacetonitrile, 2-Phenylacetonitrile, Benzyl Cyanide
Molecular Weight 117.15 g/mol
Supplier Database Central Drug House, SynQuest Laboratories (Central Glass Co., LTD.), Sheetal Chemicals, Anjanee Chemical India 
Region/Countries Covered 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
Currency US$ (Data can also be provided in local currency)
Supplier Database Availability Yes
Customization Scope The report can be customized as per the requirements of  the customer
Post-Sale Analyst Support 360-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.

Production Process

  • Production of Benzyl Nitrile via Benzyl Chloride and Sodium Cyanide Reaction; via Benzyl Chloride and Potassium Cyanide Reaction

In order to produce Benzyl Nitrile, phenylacetonitrile is obtained by reacting benzyl chloride with alkali cyanide in alcohol or aqueous solution under phase transfer catalysis using N,N-dialkylbenzylammonium chloride.


The displayed pricing data is derived through weighted average purchase price, including contract and spot transactions at the specified locations unless otherwise stated. The information provided comes from the compilation and processing of commercial data officially reported for each nation (i.e. government agencies, external trade bodies, and industry publications).

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