It is provided a compound of formula (I'); wherein R<;sup>;8<;/sup>; is selected from the group consisting of -H, (C<;sub>;1<;/sub>;-C<;sub>;4<;/sub>;)alkyl; and wherein M is independently selected from the group consisting of H, an alkaly metal, and NH<;sub>;4<;/sub>; <;sup>;+<;/sup>;. lt is also provided a process for the preparation thereof, a composition comprising it, and its use for correcting deficiencies of metals in plants.