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Chlorination of acetic acid yields dichloroacetic acid; therefore, the prices for both the feedstock materials chlorine and acetic acid drove the market trends for dichloroacetic acid during the said period of Q1’24. In the Asia Pacific, both acetic acid and chlorine markets were observed to be struggling throughout the said period. Acetic acid prices declined due to weak demand from construction sectors and the chlorine market was struggling with an oversupply. Hence the dichloroacetic acid prices also tottered low throughout the concerned time period.
These slumping trends in the Asian markets also influenced the global dichloroacetic acid prices. In the European markets, the situation was a little more complicated.
The freight dynamics with Asia were curtailed by the growling threats of Houthi attacks in the Red Sea. Suez Canal saw a significant drop in the number of vessels passing through, reflecting the degradation in expected orders and purchase volumes. A sullen industrial activity in the region amidst a period of high economic inflation also challenged the markets for dichloroacetic acid. The American dichloroacetic acid market was still somewhat stable; however, the general global trend was weak for the entire span of Q1’24.
Analyst Insight
According to Procurement Resource, as per the current analysis, slight improvements are anticipated in the Dichloroacetic Acid markets in the near term.
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Dichloroacetic acid (DCA) is a colorless, corrosive organic compound with the formula CHCl2COOH. It is primarily used as an intermediate in chemical synthesis and pharmaceutical manufacturing processes. DCA finds applications in the production of pharmaceuticals, herbicides, and dyes. In water treatment, it is utilized as a disinfectant and in the removal of organic pollutants. Additionally, DCA is employed as a laboratory reagent for various analytical and research purposes. However, its use is regulated due to its toxicity and potential environmental impact.
Cl2CHCOOH
Chemical Synthesis, Pharmaceutical Manufacturing, Water Treatment , Herbicides Production, Dye Manufacturing, Laboratory Reagent
CAB, Hebei Huadong Chemical, Changzhou Wujin Changshen Chemical, MedicalChem
CurrencyUS$ (Data can also be provided in local currency)
Supplier Database AvailabilityYes
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The reaction begins with the formation of dichloroacetyl chloride, which is mainly obtained by the oxidation of trichloroethylene. The resultant, i.e., dichloroacetyl chloride, is then hydrolyzed to obtain dichloroacetic acid as the final product.
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