Oxalic acid products import and export

In severe security environmental protection situation, the domestic rare earth industry, printing and dyeing industry, metal surface treatment industry such as oxalic acid consumption declining trend, benefit from the overseas mining recovery and the expansion of the downstream of oxalic acid, feng yuan shares in the first half of 2019, accumulative total sales of 31600 tons of oxalate, sold to foreign rare earth and oxalic acid reached a total of 11000 tons of rare earth mines used in mining industry abroad alone accounts for 35% of total sales oxalate.

China's oxalic acid production capacity accounts for more than 80% of the global oxalic acid production share. At present, developed countries rarely produce oxalic acid, and the entire oxalic acid manufacturing industry has been transferred to developing countries and regions. Foreign installations mainly include the oxidation process of 40,000-50,000 tons in India, the oxidation process of 50,000 tons in Vietnam, and the production capacity of 10,000 tons in Japan. Benefiting from the recovery of rare earth mining in overseas countries such as Vietnam, Myanmar and Australia and the expansion of the downstream application of oxalic acid, the net export volume of oxalic acid witnessed an explosion in 2018, with the net export volume reaching 89,000 tons, up 47% year-on-year, and the good trend in 2018 continued in 2019, with the net export volume expected to reach 100,000 tons and keep growing.