Oxalic Acid Prices: Latest Price, News, Market Analysis, Historical & Forecast, Database, Chart

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Oxalic acid is an organic acid, which is also referred to as ethanedioic acid. The chemical formula of oxalic acid is HO₂C−CO₂H. It belongs to the carboxylic acid family.

It is colourless, crystalline, and toxic in nature. The density of oxalic acid is 1.9 g/cm³ and its molar mass is 90.03 g/mol. The boiling point of oxalic acid is 365.1 °C and its melting point ranges from 189 to 191 °C.

It is also called aktisal and aquisal. Oxalic acid is produced by a chemical reaction between glucose and nitric acid, which occurs in the presence of a catalyst and under an oxidation reaction.

The top importers are Burma, Japan, Belgium, Switzerland, and China. On the other hand, the leading exporters of oxalic acid are France, India, Spain, Germany, and Burma,

Key Details About the Oxalic Acid Price Trend:

Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the oxalic acid price in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.

Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as excel files that can be used offline.

The oxalic acid price trends, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.

Industrial Uses Impacting Oxalic Acid Price Trend:

Oxalic acid is primarily used in cleaning operations, and helps in removing stains and marks from surfaces. It is an ideal product for polishing stones and disposing of waste wood.

It is used to sterilise various types of equipment and is used to bleach clothes in the textile industry. Other than that, it is also used in the removal of rust from the metallic equipments.

It also finds its application in the purification of certain chemicals and as a reducing element in the production of photographic films.

Oxalic acid is also utilised in wastewater treatment plants to remove lime from the water.

Key Market Players:

• Mudanjiang Fengda Chemical Co., Ltd.
• Oxaquim
• Merck KGaA
• UBE Industries Ltd
• Clariant International Limited

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