Sodium Cyanate

# Sodium Cyanate Market Intelligence Report (Mid-October to November 12, 2026)

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## I. Market Quotation Dynamics

| Date | Source | Region/Manufacturer | Specification | Price (CNY/ton) |
|------|--------|---------------------|---------------|-----------------|
| 2026-09-29 | ChemicalBook | Shandong, China: Shandong Longhui Chemical Co., Ltd. | 92% purity, 25 kg/bag | 11,500 |
| 2026-10-31 | GuideChem | Jingmen, Hubei, China: Hubei Shishun Biotechnology Co., Ltd. | 99% purity, pharmaceutical grade | Negotiable |
| 2026-11-10 | SunSirs | — | — | Specific value not disclosed |

**Key Facts:** Over the past month, clearly published quotations for sodium cyanate have been extremely scarce. On October 31, only a \"negotiable\" listing was available, and although SunSirs released a price update on November 10, it did not provide specific figures. This indicates a significant lack of market information transparency.

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## II. Price Trend Analysis

1. **Clear signals of a high-level correction.** The quotation from Shandong Longhui on September 29 was 11,500 CNY/ton. However, entering October and November, market quotations abruptly became silent, with only vague \"negotiable\" listings. This implies that actual transaction prices have likely dropped significantly from their previous highs.
2. **Annual range reference.** Comparing with sodium thiocyanate (a related cyanate variety) annual data from SunSirs—which showed a minimum of 8,500 CNY/ton, a maximum of 8,833 CNY/ton, and an average of 8,725 CNY/ton—sodium cyanate, as a more specialized pharmaceutical intermediate, exhibits greater price elasticity and a wider fluctuation range.
3. **Cool supply-demand landscape.** There have been no reports of new capacity additions in the recent months. Demand from downstream pesticide active ingredients and pharmaceutical intermediates has not shown significant growth, leaving the market in a stalemate characterized by \"prices without transactions.\"

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## III. Analytical Assessment

- **Short-term (1–2 weeks):** Sodium cyanate is likely to remain in a low-level range-bound movement. Transactions will primarily be conducted on a case-by-case basis, lacking momentum for directional breakthroughs. Without a pull from downstream centralized procurement, prices may continue to bottom out in the 9,000–10,000 CNY/ton range.
- **Medium-term (1–3 months):** Close attention must be paid to two key variables: first, changes in operating rates at major production bases in Shandong and Hubei; second, the recovery of orders for downstream benzamide-based pesticides and pharmaceutical intermediates. If seasonal restocking occurs on the demand side, prices could rebound to 10,500–11,000 CNY/ton; otherwise, they may test the 8,500 CNY/ton support level.
- **Risk Warning:** This commodity has a small market capacity and weak liquidity. A single manufacturer's quotation can distort overall market price perception. Therefore, one should not infer overall market trends based on individual quotations.

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## IV. Data Limitations

Authoritative and continuous quotation data for sodium cyanate over the past month has been severely insufficient. The November 10 SunSirs update did not disclose specific values, and the October 31 listing was vague. It is recommended to supplement intelligence through the following channels:
- Continuously track the dedicated sodium cyanate price channel on SunSirs (100ppi.com);
- Directly contact major manufacturers such as Shandong Longhui and Hubei Shishun to obtain first-hand ex-factory prices;
- Monitor the transmission effect of the industry sentiment for downstream pesticide active ingredients (e.g., benzamides, 2-isopropylphenyl isocyanate) on sodium cyanate demand.