Aminoacetonitrile Hydrochloride

# Market Intelligence on Aminacetonitrile Hydrochloride (Mid-October to Mid-November 2026)

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## I. Recent Price Intelligence Summary

| Date | Source | Key Information |
|------|------|----------|
| 2026-10-19 | SunSirs / Tonghuashun Finance | Aminacetonitrile Hydrochloride (99% purity), Suzhou Senfida Chemical (domestic, Suzhou, Jiangsu) quoted at **55,000 RMB/ton** |
| 2026-11-09 | SunSirs | Released benchmark price dynamics; specific figures not disclosed, noting that trading guidance prices are generated based on price big data and models |
| 2026-11-10 | SunSirs | Released benchmark price dynamics again; specific transaction prices not disclosed |

**Core Judgment: Over the past month, the only clearly verifiable public transaction quote is 55,000 RMB/ton (99% purity, Jiangsu origin) on October 19. In early November, SunSirs published benchmark prices twice but did not provide specific figures. Disclosure of actual market transaction prices is limited, indicating a state of 'quoted but no market activity' or 'quote waiting/observation'.**

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## II. Related Raw Material Market Dynamics — Sharp Decline in Acetonitrile Prices

Acetonitrile, a key upstream raw material for Aminacetonitrile Hydrochloride, has experienced significant price volatility that directly impacts the cost side:

| Date | Mainland Self-Pickup Price for Acetonitrile (Industrial Grade, Anhydrous) in Shandong Market | Change |
|------|----------------------------------------|--------|
| 2026-10-21 | 19,500—21,500 RMB/ton | Down 500—1,500 RMB/ton from previous day |
| 2026-10-26 | 16,000—18,500 RMB/ton | Down 1,500—2,000 RMB/ton from previous day |

**In just 5 trading days, acetonitrile prices plummeted from above 20,000 RMB/ton to the 16,000 RMB/ton range, with a cumulative decline of over 20%.** Supplier quotes continue to decrease, buyer enthusiasm remains low, and market negotiations have significantly slowed. This 'cliff-like' drop on the raw material side creates significant downward pressure on the cost support for Aminacetonitrile Hydrochloride.

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## III. Industry Chain and Supply-Demand Landscape Analysis

1. Supply Side: Concentrated Production Capacity, Led by Major Players

- China's production of Aminacetonitrile Hydrochloride in 2024 was approximately **45,000 tons**, a 9.8% increase from 2023; production is projected to reach **50,000 tons** in 2025.
- The East China region (Shandong, Jiangsu) accounts for **over 60%** of national total production, North China approximately 20%, and South China approximately 15%, indicating extremely high regional concentration.
- Leading enterprises include Taicang Qianjin Chemical, Taixing Zhongran Chemical, Shanghai Huichu Chemical, Xinxiang Kangjian Chemical, Qingdao Dexin Chemical, and Jinan Daen Pharmaceutical. Top-tier enterprises possess distinct technical barriers.

2. Demand Side: Pharmaceutical Intermediates as the Core Engine

- Downstream applications are dominated by **pharmaceutical intermediates**, followed by pesticides, dyes, and fine chemicals.
- With the continued expansion of domestic pharmaceutical and chemical industries, demand for high-quality raw materials is growing rigidly.

3. Cost Side: Upstream Raw Material Prices Softening

- Core cyanide suppliers, including Shandong Weisai Chemical (capacity: 150,000 tons/year) and Hebei Chengxin Group (capacity: 120,000 tons/year), maintain stable supply.
- Ammonia water suppliers, such as Jiangsu Soochow (annual output: approx. 800,000 tons) and Hubei Yihua (annual output: approx. 600,000 tons), continue to optimize processes to reduce costs.
- The sharp drop in acetonitrile prices further weakens synthesis costs, although uncertainty remains regarding price fluctuations in cyanide and ammonia water.

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## IV. Market Assessment and Forecast

Short-term (1–3 months): High probability of downward price pressure

- Upstream raw material prices, particularly acetonitrile, experienced a panic-driven decline in late October, significantly weakening cost support.
- Although SunSirs published benchmark prices consecutively in early November, the lack of specific transaction figures reflects strong market waiting-and-seeing sentiment and intense bargaining between buyers and sellers.
- **Forecast: The market price for 99% purity Aminacetonitrile Hydrochloride is likely to test lower levels from 55,000 RMB/ton. If raw material prices remain low, it is not excluded that prices could break below the 50,000 RMB/ton threshold.**

Medium-term (Q4 2026 – Q1 2027): Gentle recovery after bottoming out

- China's market size is projected to reach 9.5 billion RMB in 2025, representing a year-on-year increase of approximately 11.8%, indicating resilience in fundamental demand.
- Stricter carbon neutrality policies will eliminate high-pollution small-scale capacities (traditional sodium cyanide process has a yield of only 50% and high pollution), driving the industry towards chloroacetonitrile routes (yield >90%) and green fermentation methods. Structural optimization on the supply side will support price stabilization.

Long-term (2027–2030): Compound growth expected

- The global market is expected to expand at a significant Compound Annual Growth Rate (CAGR). China, as a core production region, will continue to benefit from the upgrading of downstream pharmaceutical and pesticide demand.
- Rising environmental compliance costs and technological iterations will reshape the competitive landscape, with leading enterprises possessing green process capabilities capturing a larger market share.

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## V. Risk Warnings

| Risk Type | Specific Content |
|-----------|----------|
| Raw Material Volatility | Cyanide is a strictly controlled toxic substance; policy tightening could lead to sudden supply tightness and soaring costs |
| Environmental Policy | Carbon reduction requirements will accelerate the elimination of traditional high-pollution processes; short-term capacity contraction may push prices up |
| Export Compliance | Classified as Class 6.1 dangerous goods (UN 3439); sea freight exports require dangerous goods packaging certificates, non-toxicity guarantees, etc.; logistics costs are non-negligible |
| Information Blind Spots | Public transaction data has been scarce over the past month; actual market prices may deviate significantly from quoted prices |