07 October 2012 13:23 [Source: ICIS news]
Speaking on the sidelines of the 46th annual European Petrochemical Association (EPCA) meeting, producers and consumers expect October to be steady in terms of prices and demand.
With feedstock ethylene only coming down by €10/tonne ($13/tonne) in October, ethanolamine producers are not prepared to move their prices down, although most acknowledge that there is no shortage of availability in the market for this month.
Monoethanolamine (MEA) is currently valued at €1,400-1,480/tonne FD (free delivered) NWE (northwest
TEA is offered at a much lower level according to one source, but this material is off-spec the source said.
“There is some pressure in the market and TEA is offered at €1,200-1,300/tonne and compounding this is competitive offers from
The annual EPCA meeting runs from 6-10 October.
($1 = €0.77)
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