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Weak demand may curb uptrend in China amines prices

Focus Weak demand may curb price uptrend in China amines market

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).

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