NaCN Index - methodology
The Benchmark NaCN Index is a transparent, parametric Gold parity price reference for sodium cyanide. Adjust inputs to see live recomputation.
Formula inputs
PNaCN = C0*CI*FX + beta*QAu*(PAu - PAu,base)/QNaCN+ Tship + Trisk + Tstor + Tseason + Tcarbon
Formula inputs
C0 base cost
USD/t
2,0004,500
CI cost index
x
0.502.00
FX
x
0.701.50
beta effective
%
1.006.00
Gold base
USD/oz
1,5003,000
Gold current
USD/oz
2,2005,000
Surcharges
T_ship logistics
USD/t
0600
T_risk regulatory
USD/t
0600
T_stor storage
USD/t
0300
T_season seasonality
USD/t
-200300
T_carbon ESG
USD/t
0400
Gold parity price
Recomputed instantly
$ 10,982/t
Base C0*CI*FX$ 3,100
beta * gold parity margin$ 7,882
Surcharges$ 0
Waterfall
NaCN parity market
Second, hourly and daily USD/t dynamic views
NaCN Gold parity price vs spot, forward and wNRT, all in USD/t.
Spot vs index
-1.47%
Forward vs index
+2.98%
wNRT vs index
+3.67%
Contribution breakdown
USD/t and share of Gold parity price
| Component | USD/t | Share |
|---|---|---|
| C0 * CI * FX | 3,100 | 28.2% |
| beta * gold parity margin | 7,882 | 71.8% |
| T_ship | 0 | 0.0% |
| T_risk | 0 | 0.0% |
| T_stor | 0 | 0.0% |
| T_season | 0 | 0.0% |
| T_carbon | 0 | 0.0% |
| Total | 10,982 | 100% |
Gold price (XAU)
Separate USD per troy ounce feed used by the index engine
XAU reference price in USD/oz. Source: pending (live, live)
Data sources
Connected feeds first; institutional feeds remain adapter-ready
Live XAU public price
connectedGold - gold-api.com - live/cache
Perplexity grounded XAU
disconnectedGold - Perplexity Sonar - on refresh
LBMA Gold AM/PM
mockGold - LBMA - 2x daily
WGC production stats
mockGold - World Gold Council - quarterly
NaCN price reports
mockNaCN - ICIS / Argus - weekly
Container freight
mockLogistics - Drewry - daily
Ammonia (NH3) price
mockInputs - Argus - daily
FX rates
mockFX - Reuters - tick
Warehouse stocks
mockStorage - Custodians - hourly
Sanctions & risk
mockCompliance - OFAC / EU / UN - daily
Carbon footprint
mockESG - S&P Trucost - monthly