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July 16th, 2025

Sodium Thiocyanate Prices Index: Trend, Chart, News, Graph, Demand, Forecast

The Global Sodium Thiocyanate market witnessed a mixed pricing trend in Q1 2025, influenced by regional supply-demand dynamics, macroeconomic conditions, and fluctuations in downstream consumption. In North America, the market experienced a predominantly bearish tone as prices declined steadily throughout the quarter, driven by abundant supply and muted demand from key end-use industries, particularly the construction and cement sectors. January began with stable supply levels in the United States, supported by strategic inventory management and favorable freight conditions, despite a temporary reduction in shipments from China during the Spring Festival. However, demand remained weak due to seasonal slowdowns, adverse weather conditions, and high borrowing costs, which discouraged capital expenditure and delayed construction-related project financing. Federal investments in energy and data infrastructure projects provided some cushion to the overall consumption, while stockpiling activities ahead of anticipated tariffs on Chinese imports offered a short-lived boost to buying interest.

In February, the North American sodium thiocyanate market maintained stable supply conditions as suppliers benefited from lower logistics costs, although global oversupply began to increase as Asian producers ramped up output to offset weak domestic demand. The construction sector showed slight improvement in job growth, yet demand from private-sector projects remained constrained by slow permitting processes and persistently high interest rates. Public infrastructure developments continued to provide some level of consistent consumption, but the overall sentiment in the market remained cautious. By March, supply levels were supported by continuous imports and lower freight rates, although excessive stockpiling earlier in the quarter and customs delays extended lead times for deliveries. Demand from downstream cement and construction segments stayed weak as residential construction activity declined and the cement industry maintained a conservative production outlook. These factors collectively kept sodium thiocyanate prices under downward pressure, with only limited fluctuations observed across the U.S. market.

Get Real time Prices for Sodium Thiocyanate: https://www.chemanalyst.com/Pricing-data/sodium-thiocyanate-1547

The European sodium thiocyanate market also experienced a bearish trend, with prices declining by around 3.3% in Q1 2025. January started with an oversupply scenario as producers attempted to clear high inventory levels carried over from December 2024. This abundant availability, particularly in Germany, contributed to a negative market sentiment, further worsened by weak demand from the cement and construction industries. Reduced construction activity, combined with closed trade routes and logistical constraints in certain parts of Europe, added to market challenges, though shorter lead times pushed suppliers to sell at competitive rates to clear excess stocks. Even rising electricity prices exerted only minimal upward pressure, as the market remained flooded with surplus material. In February, oversupply conditions persisted, and despite very few production outages, demand stayed sluggish as cement production and consumption fell sharply across the region. Construction companies reported low new orders, further weakening sodium thiocyanate consumption. Although logistical bottlenecks and closed arbitrage routes disrupted some trade flows, they failed to offset the bearish impact of high stock levels. By March, a drop in energy prices slightly lowered production costs, encouraging producers to maintain steady operating rates. However, the market continued to face demand contraction, with cement dispatches declining by nearly 9.5% year-on-year, keeping the overall sentiment soft and pushing prices downward through the end of the quarter.

The Asia-Pacific region presented a more complex scenario, with sodium thiocyanate prices showing mixed trends throughout Q1 2025. In China, the largest producer and consumer of sodium thiocyanate, January witnessed a sharp decline of approximately 14.4% as demand weakened significantly ahead of the Lunar New Year holidays. Downstream consumption from the chemical, cement, and pesticide industries remained subdued as factories either reduced operations or temporarily shut down for the holiday period. Ample supply levels, coupled with delays at the port of Shanghai, led to stock accumulation, further driving prices down. Additionally, China’s manufacturing slowdown, reflected in a weaker Purchasing Managers’ Index (PMI), signaled reduced demand for chemical intermediates, exacerbating the bearish market environment.

In February, the Chinese sodium thiocyanate market saw a moderate recovery, with prices increasing by around 4.3%. The rebound was largely attributed to reduced production rates, higher operational costs, and depleted warehouse stocks following the Lunar New Year break. An improvement in China’s PMI suggested a gradual recovery in industrial activity, particularly in the chemical intermediate and pharmaceutical sectors, which supported buying sentiment. However, demand from the construction and agrochemical sectors, especially the insecticide industry, remained relatively weak due to seasonal factors. Suppliers, reluctant to sell at January’s significantly low levels, also held back some inventory, providing additional support to prices. By March, the Chinese market stabilized as production levels normalized and supply-demand dynamics balanced out. No major logistical disruptions were reported, and mild improvement in demand from certain industrial applications provided stability to prices, although large-scale recovery was still absent in construction and agriculture-related sectors.

In other parts of Asia, including Southeast Asia and India, sodium thiocyanate prices closely followed regional patterns. January started on a weaker note due to abundant supply and soft demand, while February brought some price improvement in India, supported by stronger procurement from pharmaceutical and textile industries. Limited supply caused by temporary maintenance shutdowns also contributed to a short-lived price surge in certain markets. By March, prices across most Asian countries stabilized as production resumed normal operations and end-user demand steadied.

Overall, the global sodium thiocyanate market in Q1 2025 was characterized by abundant supply, weak demand in key construction-related applications, and region-specific economic challenges. While Asia, particularly China, showed early signs of stabilization by the end of the quarter, North America and Europe continued to face bearish conditions due to slow recovery in the construction and cement industries. Looking ahead, market participants anticipate that improving infrastructure activities, seasonal construction recovery, and steady demand from chemical intermediates may provide some support to sodium thiocyanate prices in the upcoming quarter. However, persistent global oversupply and cautious purchasing behavior are expected to limit significant upward price momentum in the near term.

Get Real time Prices for Sodium Thiocyanate: https://www.chemanalyst.com/Pricing-data/sodium-thiocyanate-1547

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