Sodium Cyanide Price Outlook | Q4 2022
Check how Sodium Cyanide prices evolved in different countries worldwide, from Q3 2022 to Q4 2022.
When it comes to Sodium Cyanide pricing data, the chart above presents prices in Q4 2022, in countries from different regions.
The table below shows quarterly Sodium Cyanide prices, in USD per metric ton.
And this table presents how Sodium Cyanide prices varied, on a year-over-year basis and on a quarter-over-quarter basis.
Brazil. The Sodium Cyanide price in Brazil decreased during Q4 2022 to 2,843 USD per metric ton, which represents a decline of 7% compared to the previous quarter’s value. On a year-over-year basis, Sodium Cyanide prices in Brazil increased by 52%.
Malaysia. In Q4 2022, the Sodium Cyanide price in Malaysia witnessed a rise of 160 USD per metric ton when compared against the previous quarter’s price, to 2,297 USD per metric ton. The Q4 2022 price is 18% higher than the price one year before.
South Korea. Sodium Cyanide prices in South Korea rose considerably throughout Q4 2022, reaching 2,057 USD per metric ton. The current price is 7% higher than the average price in the last quarter and 32% higher than the average price one year ago.
Turkey. Sodium Cyanide prices in Turkey increased significantly during Q4 2022, reaching 2,877 USD per metric ton, which means a rise of 14% from the previous quarter’s price and a rise of 44% from the previous year’s price.
United States. In the quarter examined, the Sodium Cyanide prices in United States experienced a significant rise of 233 USD per metric ton from the previous quarter’s price, to 3,197 USD per metric ton. Such price movement meant a rise of 8% on a quarterly basis and a rise of 61% on a yearly basis.
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A Little Bit About Sodium Cyanide
Sodium Cyanide (a.k.a. NaCN) is an inorganic salt, extremely toxic to humans, due to its binding with the Fe3+ ion in the hemoglobin, disabling the use of oxygen by the cells. It is a white cubic crystalline solid also known as white cyanide and has been the metal cyanide with the greatest commercial importance. This salt has a role as an inhibitor of many metabolic processes and is used as a test reagent for the function of chemoreceptors.First prepared in 1834, Sodium Cyanide began being produced on a major industrial only in the 1900s, for the extraction of gold and silver from ores — by then, it was produced mainly from molten sodium, ammonia, and charcoal. Nowadays, most of the production of Sodium Cyanide on an industrial scale is based on neutralization or wet processes in which liquid or gaseous hydrogen cyanide reacts with a sodium hydroxide solution.
Sodium cyanide is usually transported in its pallet/granulated form, tightly packed in mild steel, fiber drums, and in flo-bins. Dry sodium cyanide is also shipped in wet-flo tank cars and trucks of up to 32 t net. All containers must be protected from corrosion and damage. Alkali metal cyanides can be shipped by road, rail, or sea freight under the provisions of the applicable transport regulations. It is extremely toxic to humans and can cause fatal damage by inhalation or ingestion. Handling, storage, and use must be carried out by trained people. They must never be stored or transported in the same transport unit together with acids or acid salts, foods, feedstuffs, or anything else intended for human or animal consumption. It can form flammable hydrogen cyanide gas, so it should be stored in a well-ventilated place, away from sunlight and heat.
Due to its high affinity for metals, Sodium Cyanide is mainly used in the mining industry, in the extraction of gold and silver from ores, and in ore flotation techniques. To a lesser extent, it is used in other applications such as electroplating; insecticide; rodenticide; in metal cleaning; dyes and pigments manufacturing; and synthesis of iron blues. This commodity can be used in the manufacture of derivatives, such as: alniditan; azelastine; benzyl cyanide; D-arginine; citalopram; copper cyanide; cyanoacetic acid; cyanogen bromide; cyanopinacolone; silver cyanide; L-carnitine; sodium ferrocyanide; cyanuric chloride; cyanogen chloride; nitriles; veartryl cyanide; cyenopyrafen; cyazofamid; chlorobenzyl cyanides; sodium thiocyanate.
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