Get the latest insights on price movement and trend analysis of Hydrogen Cyanide in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).
Hydrogen Cyanide Price Trend for the Second Half of 2022
Hydrogen Cyanide HCN is extensively used as a fumigating agent and in mining (gold and silver). It’s a very poisonous fluid in both liquid and gaseous form. China has constantly been expanding its HCN production capabilities. HCN price trends mimic the price trends for feedstock methane and ammonia. The Asian HCN market observed mixed price sentiments in the second half of the year 2022. At the start of the third-quarter prices surged a little as the natural gas prices were high and freight curtailments hurdled the supplies. But, as the Covid restriction got eased around August and the cheap Russian gas reached India and China, upstream costs declined. Even after reduced upstream costs, the bearish demands throughout the final quarter didn’t let the prices go up.
Europe received the most hiked energy bills in the year 2022. Natural gas prices remained high and soared up till later Q3 as Europe had completely stopped energy imports from Russia by August 2022, owing to Russia’s attack on Ukraine. Feedstock ammonia prices too remained high in the third quarter, hiking the HCN prices as a result. It was later around q4 that the prices stabilized and started declining because of the reduced demands from the downstream industrial sectors.
America has the biggest share in the HCN market at around 35% of the total. So the prices here influence the prices the world over. The USA is the biggest producer of natural gas, and the production was even higher in the second half of the year 2022, upstream costs for Hydrogen Cyanide remained low and declined further as the feedstock ammonia was also available at cheaper rates. So, the HCN price trends in America remained low swinging.
According to procurement resources, HCN price trends are expected to remain mixed, as the recession is still clouding over Europe and, the Russia – Ukraine war is still ongoing, but the supply chains have been restored and industries have also revived, so downstream demand is expected to rise.
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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.
|Product Name||Hydrogen Cyanide|
|Industrial Uses||Agricultural products (non-pesticidal), Water treatment products, Intermediates, Solvents|
|Synonyms||Hydrocyanic acid, Formonitrile, Prussic acid|
|Molecular Weight||27.02 g/mol|
|Supplier Database||Evonik Industries, INEOS, Air Liquide, Matheson Tri-Gas Inc, Ascend Performance Materials|
|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.
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.
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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