EDTA price November 2024 and outlook (see chart below)
- Northeast Asia:US$1.61/KG, -6.4% down
Business Analytiq assumes no responsibility or liability for any errors or omissions in the content of this site. The information contained in this site is provided on an “as is” basis with no guarantees of completeness, accuracy, usefulness, or timeliness.
EDTA price chart
This post is a summary of the global EDTA price developments. The price developments of global EDTA are expressed in US$ prices converted FX rates applicable at the time when the price was valid. EDTA price index developments are calculated from multiple separate sources of data to ensure statistical accuracy.
The outlook for global EDTA prices, on the second tab, is generated from different inputs including:
- Very recent price developments of immediate cost drivers of EDTA
- Market futures for both cost drives and feedstocks of global EDTA
- Adjustment of current supply/demand imbalances in the supply of EDTA
- Longer term trends in likely demand conditions
Further information on the EDTA price chart
What is EDTA
EDTA, or ethylenediaminetetraacetic acid, is a synthetic chelating agent that binds to metal ions.
It is used in various applications, including:
Medicine
To treat heavy metal poisoning and in some anticoagulants for blood samples.
Industrial
As a stabilizer and preservative in foods and cosmetics.
Laboratory
To sequester metal ions in biochemical and molecular biology experiments.
What types of EDTA are there
EDTA comes in several forms, each with specific applications. Here are the main types:
EDTA Acid (Ethylenediaminetetraacetic Acid)
Description: The pure, free acid form of EDTA.
Uses: Laboratory reagent, chelation therapy.
Disodium EDTA (EDTA-Na2)
Description: The disodium salt of EDTA.
Uses: Cosmetic and pharmaceutical formulations, food preservation.
Tetrasodium EDTA (EDTA-Na4)
Description: The tetrasodium salt of EDTA.
Uses: Industrial cleaning agents, detergents, and water treatment.
Calcium Disodium EDTA (CaNa2EDTA)
Description: The calcium disodium salt of EDTA.
Uses: Treatment of lead poisoning, food additive for metal ion stabilization.
Ferric Sodium EDTA (NaFeEDTA)
Description: The ferric sodium salt of EDTA.
Uses: Iron fortification in foods, agriculture as a micronutrient.
Magnesium Disodium EDTA (MgNa2EDTA)
Description: The magnesium disodium salt of EDTA.
Uses: Medical applications, particularly in chelation therapy for heavy metals.
Each type of EDTA is chosen based on its solubility, stability, and specific application needs.
How is EDTA acid produced
EDTA is produced by reacting ethylenediamine with formaldehyde and sodium cyanide. The reaction involves the following steps:
Condensation
Ethylenediamine reacts with formaldehyde to form a tetra-substituted intermediate.
Cyanomethylation
The intermediate reacts with sodium cyanide to form a nitrile compound.
Hydrolysis
The nitrile compound undergoes hydrolysis to produce EDTA.
The resulting EDTA is then typically converted to its disodium or tetrasodium salt form, which is more soluble in water and used in various applications such as medicine, industry, and laboratories.
EDTA Market information
The global EDTA market was valued at approximately USD 724 million in 2022, with projections indicating it will grow to USD 1.02 billion by 2032, driven by a CAGR of around 4.1% from 2023 to 2032. This growth is fueled by increased demand in applications such as water treatment, pharmaceuticals, cosmetics, and food preservation
According to oec.world:
In 2022 Ethylenediamine, its salts were the world’s 2735th most traded product (out of 4,648).
In 2022, the top exporters of Ethylenediamine, its salts were Saudi Arabia ($178M), Belgium ($114M), Sweden ($99.9M), United States ($62.4M), and India ($33.9M).
In 2022, the top importers of Ethylenediamine, its salts were China ($139M), India ($111M), Germany ($57.5M), United States ($35.8M), and South Korea ($27.7M).
NEED A QUICK DOWNLOAD?
ACCESS TO OUR FULL DATABASE IS US$399/YEAR, WITH A 30-DAY $30 TRIAL
GET THAT DOWNLOAD IN 3 MINUTES!
BusinessAnalytiq provides a database of hundreds of market & price trend data, as well as online tools to set up benchmarks and leading indicators.
Where does the data come from?
- The source of the data are exclusively public non-confidential sources. We have no access to primary data
- This the index trend of the price trend of the "product category" in general, and not a single specification of the product in particular
- The data is a combination of contract and spot pricing
- Our algorithms are set up to eliminate significant product mix impact on the reported price
- We combine public publications, import/export records, trading prices, company announcements, magazine articles, tweets, and other sources of ad-hoc public information.
- The chart shows the our best approximation of the market trend based on our algorithm interpretation of the signals
- For most indexes we have multiple sources and we focus on using statistically-correlated sources
- As a function of our automation, it is likely that recent trends will be adjusted as we discover more information. So, for example, the price trend for February 2024 will be first calculated in February 2024 and adjusted in March, April and May 2024.
- We will update the data trend as more information becomes available, and this means that recent trends will always be adjusted as we get more data available
- The algorithm will regularly revise our understanding of market trends, and indicated market trends may change
- The data is presented in US$. The UOM of measure is shown in the Index list table
- Our automated software and we do our best to create an accurate representation of the trend
Where does the data NOT come from?
- We do not purchase data from any other source and republish it.
- We will not purchase data from any other source and republish it
- We do not extrapolate trends, even for the forecast. We look for other market signals and leading indicators
What data should our company use?
- If you are making decisions driving significant share of profit, we always recommend that you buy data from the companies who invest in direct primary market access such as ICIS, amongst many others
- Our data, at best, represents an estimate of the market trend based on public information
- We have no direct access to the market, and we do not interview suppliers and customers
- Our automated analysis tools in the online software are set up to combine our data with other sources of data
- We do not recommend that you use our data for direct price mechanisms, as we may change and improve the data trends over time, including historical data
What does the quality indication in the main menu mean?
- Quality level A: Data is from a reliable and confirmed source
- Quality level B: Data is from multiple credible sources and there are no major statistical inconsistencies between them
- Quality level C: Data is from multiple credible sources and there are some statistical inconsistencies between them
- Quality level D: Data is from a single credible source, but we cannot verify the data
- Quality level E: Data is either:
- From a single source, which we consider reliable, but we cannot verify the data.
- From 2 or more sources which have some periods of contradicting trends.
- Quality level F: Data is from a single source which we consider indicatively correct, but the data is anecdotal and we cannot verify the data.
What are the disclaimers?
- We assume no responsibility or liability for any errors or omissions in the content of this site.
- The information is provided on an “as is” basis with no guarantee of completeness, accuracy, usefulness, fitness for purpose or timeliness.
- By their nature, outlooks are always uncertain
How often do we update the data?
- We aim to update the data series on the 9th and 24th of each month (but we do not always make it for each chart)
- The data for the current month and recent history are fine-tuned over time.
What are we doing to improve the data?
- We are continually improving our data collection and processing methods
- Pricing data will be updated from time to time as we improve the accuracy
- We are reviewing all data sources in the first half of 2024.
- There will be continuous fine-tuning of the trend and forecast algorithm as part of that.
- The key focus in 2024 is to add many additional indexes
How can i give feedback on the data or request for new indexes
- Feel free to contact us if you have a specific request. You can reach us via the Contact us page