EDTA price October 2024 and outlook (see chart below)
- Northeast Asia:US$1.81/KG, -0.5% down
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EDTA price chart
This post is a summary of the global EDTA price developments. The price developments of global EDTA are expressed in US$ 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).
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