APAC Sodium Thiocyanate Prices Movement Q2:

Sodium Thiocyanate Prices in China:

In Q2 2024, sodium thiocyanate prices in China declined sharply, reaching 1140 USD/MT by June. The fall was driven by sluggish economic activity, reduced construction demand, and cement sector slowdown. Despite efforts to revive the market, poor investment sentiment and persistent logistical challenges reinforced the downward price trend across the quarter.

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Regional Analysis:  The price analysis can be extended to provide detailed Sodium Thiocyanate price information for the following list of countries.

China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, Australia, and New Zealand, among other Asian countries.

Factors Affecting Sodium Thiocyanate Prices:

Key factors included low economic and construction demand, high stock levels, disrupted supply chains from adverse weather, and increased freight costs. Additionally, weak investment sentiment and reduced cement industry activity added pressure, contributing to sustained deflation in sodium thiocyanate prices during Q2 2024.

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Key Coverage:

  • Market Analysis
  • Market Breakup by Region
  • Demand Supply Analysis by Type
  • Demand Supply Analysis by Application
  • Demand Supply Analysis of Raw Materials
  • Price Analysis
    • Spot Prices by Major Ports
    • Price Breakup
    • Price Trends by Region
    • Factors influencing the Price Trends
  • Market Drivers, Restraints, and Opportunities
  • Competitive Landscape
  • Recent Developments
  • Global Event Analysis

How IMARC Pricing Database Can Help:

The latest IMARC Group study, “Sodium Thiocyanate Prices, Trend, Chart, Demand, News, Historical and Forecast Data 2025 Edition,” presents a detailed analysis of Sodium Thiocyanate price trend, offering key insights into global Sodium Thiocyanate market dynamics. This report includes comprehensive price charts, which trace historical data and highlights major shifts in the market.

The analysis delves into the factors driving these trends, including raw material costs, production fluctuations, and geopolitical influences. Moreover, the report examines Sodium Thiocyanate demand, illustrating how consumer behaviour and industrial needs affect overall market dynamics. By exploring the intricate relationship between supply and demand, the prices report uncovers critical factors influencing current and future prices.

About Us:

IMARC Group is a global management consulting firm that provides a comprehensive suite of services to support market entry and expansion efforts. The company offers detailed market assessments, feasibility studies, regulatory approvals and licensing support, and pricing analysis, including spot pricing and regional price trends. Its expertise spans demand-supply analysis alongside regional insights covering Asia-Pacific, Europe, North America, Latin America, and the Middle East and Africa. IMARC also specializes in competitive landscape evaluations, profiling key market players, and conducting research into market drivers, restraints, and opportunities. IMARC’s data-driven approach helps businesses navigate complex markets with precision and confidence.

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