Sodium Thiocyanate Prices: Market Insights and Trends

 

 

Sodium Thiocyanate prices have shown a firm upward trend in early Q2 2025, fueled by growing demand from the textile dyeing, chemical synthesis, and pharmaceutical sectors. This inorganic salt, valued for its role in acrylic fiber manufacturing, photography, and as a stabilizing agent in various chemical processes, is experiencing tightening supply and cost pressures, especially in Asia and Europe.

Limited feedstock availability, rising production costs, and strong end-use consumption are keeping the global market under bullish sentiment.

Asia: Supply Constraints and Demand from Fibers Support Price Increases

In Asia, particularly in China and India, Sodium Thiocyanate prices have risen due to tight supply and firm demand from the acrylic fiber and chemical intermediates sectors. As of early April, Chinese FOB prices have moved up to $1,150–$1,250 per metric ton, depending on purity and delivery terms.

A producer in Shandong commented, “Domestic consumption is strong, especially in the fiber industry. With several plants under maintenance and rising sulfur-based feedstock prices, we’ve had to increase our offers.”

In India, prices are currently ranging between ₹98–₹108 per kilogram, driven by limited domestic output and rising reliance on Chinese imports. The pharmaceutical and specialty chemical industries continue to support stable order volumes.

Europe: Strong Demand and Energy Costs Keep Prices Firm

In Europe, Sodium Thiocyanate prices have remained elevated, with average market prices at €1,300–€1,400 per metric ton FD NWE. The region’s demand is sustained by pharmaceutical applications, including active ingredient synthesis and lab reagents.

With higher energy and raw material costs affecting local production, and limited alternatives for substitution, buyers are facing longer lead times and reduced spot availability.

A German distributor said, “We’ve seen a 5–7% increase in quotes since March. Buyers are securing contracts earlier to avoid further hikes.”

North America: Steady Demand Keeps Market Stable but Elevated

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In North America, Sodium Thiocyanate prices are holding firm between $1,200–$1,300 per metric ton FOB US Gulf, supported by consistent consumption in the dyes, laboratory, and chemical formulation sectors.

While local supply is sufficient to meet demand, higher feedstock prices—particularly ammonia and sulfur derivatives—are limiting the possibility of price reductions. Imports from Asia have also become more expensive due to increased freight costs and tighter export availability.

A U.S.-based importer noted, “Lead times are longer, and costs are higher. End-users in specialty chemicals are absorbing the increases, but some substitution is being considered where possible.”

Middle East and Latin America Follow Global Trend

Import-dependent regions like the Middle East and Latin America are witnessing similar price movements. CIF prices for Sodium Thiocyanate in countries like Brazil, Mexico, and the UAE are reported at $1,250–$1,350 per metric ton, with shipping costs and port delays contributing to elevated delivered prices.

Buyers in these regions remain active, particularly in textile and water treatment applications, though some are exploring contract deals to manage price risks.

Outlook: Firm Market Expected Through Mid-2025

The global Sodium Thiocyanate price outlook remains bullish for the near term. With steady end-use demand, rising feedstock costs, and constrained output in key producing nations, prices are expected to remain elevated through Q2 and possibly into Q3.

Unless there’s a significant drop in sulfur or ammonia prices, or a major capacity increase from top exporters, the current tightness will likely continue. Buyers are advised to secure supply early and watch upstream market indicators closely.

Conclusion

Sodium Thiocyanate prices are trending upward across global markets, supported by resilient demand and constrained supply dynamics. With cost pressures building and industrial consumption remaining strong, pricing is likely to stay firm in the coming months. Strategic sourcing and forward purchasing will be essential for buyers navigating this increasingly competitive market environment.

 ChemAnalyst

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