Focus article by Felicia Loo
SINGAPORE (ICIS)--Domestic prices of monoethanolamines (MEA), diethanolamines (DEA) and triethanolamines (TEA) in China may expect curbs on their current uptrend as consumption remains sluggish, market participants said.
Constricted supply has been driving up prices but end-users are being deterred from stocking up on inventory by uncertain demand outlook, they said.
The domestic prices of the homologues in China rose in knee-jerk reaction to the spike in values of feedstock ethylene oxide (EO) by yuan (CNY) 900/tonne during the week ended 22 April to CNY9,900/tonne EXWH (ex-warehouse).more >>
INSIGHT: Butterfly effect on Europe melamine after US anti-dumping ruling
"With stocks depleted for some producers, it is debatable whether they will be able to increase exports." more
Asian Chemical Connections