This chart shows Oxalic Acid price assessments in USA Dollar per metric ton (USD/mt) in 4 locations, as follows:
- Oxalic Acid, US (United States): Oxalic Acid, import transaction price, cif, United States (netforward from fob China)
- Oxalic Acid, CN (China): Oxalic Acid, export transaction price, fob, China
- Oxalic Acid, SEA (Southeast Asia): Oxalic Acid, import transaction price, cfr, Malaysia (netforward from fob China)
- Oxalic Acid, SAM (South America): Oxalic Acid, import transaction price, cfr, Peru (netforward from fob China)
The chart above is a sample of Intratec Primary Commodity Prices. Subscribe and access now current prices of 225 commodities, including Oxalic Acid.
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Oxalic Acid prices are provided as an annual subscription where subscribers have access to reliable pricing data of 225 commodities worldwide.
Intratec's methodology employs a structured big data strategy that utilizes advanced technologies to extract publicly available data from primary sources such as governmental trade records, statistics bureaus, and international agencies.
This data is then processed through mathematical models to generate reliable assessments, published at the very beginning of each month. To better understand the data provided check Intratec Primary Commodity Prices Methodology.
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Oxalic Acid Price Outlook
Oxalic Acid Price Outlook. The price of Oxalic Acid (United States) increased during May 2020 to 710 USD per metric ton, which represents a slight rise of 4% compared to the previous month’s value. On a year-over-year basis, the prices of Oxalic Acid (United States) decreased modestly by 4%. Meanwhile, the average price of Oxalic Acid (China) amounted to 599 USD per metric ton, from 625 USD per metric ton one year earlier. On a month-over-month basis, the price of Oxalic Acid (China) is 5% higher than the price one month before.
The price of Oxalic Acid (Southeast Asia) rose throughout May 2020, reaching 620 USD per metric ton. The price is 5% higher than the average price in the previous month and 4% lower than the average price one year before. In contrast, the prices of Oxalic Acid (South America) increased during May 2020, reaching 689 USD per metric ton, which means a rise of 4% from the previous month’s price and a decline of 3% from the previous year’s price.
About Oxalic Acid
About Oxalic Acid. Oxalic Acid (a.k.a. Ethanedioic Acid) is the simplest dicarboxylic acid. It forms a colorless crystalline solid that, when dissolved in water, forms a colorless solution. Oxalic acid is available commercially as the dihydrate. It occurs naturally in plants and vegetables and it has important roles in human, plant and algal metabolism. Oxalic Acid is a strong reducing agent.
Oxalic Acid Handling. Oxalic Acid should be stored in cool, dry and well-ventilated place. It must be kept away from strong oxidants, food and feedstuffs. Dry Oxalic Acid is packed and transported in polyethylene lined multilayered bags, in polyethylene drums, or polyvinyl chloride drums. Solutions of Oxalic Acid are stored and conveyed in stainless steel containers.
Oxalic Acid Production. Raw materials and the respective production processes employed in the manufacturing of Oxalic Acid are listed below.
- Guethol + glyoxylic acid (carbonyl addition/oxidation/ decarboxylation),
- Acetaldehyde + nitric acid (oxidation; byproduct of glyoxal production),
- Sucrose/molasses/starch + nitric acid (oxidative cleavage),
- Dimethyl oxalate (transesterification/ester hydrolysis),
- Sodium Formate + sulfuric acid (thermal dehydrogenation/acid formation)
Oxalic Acid Uses. The uses and applications of Oxalic Acid may vary according to its specification. The main forms of Oxalic Acid are technical (crystals and powder) grade and chemically pure (CP) grade.