Ethanolamines price reports are published weekly in Asia and Europe at ICIS.
Information is gathered by our locally based reporters and unbiased price assessments are published for the three main grades of ethanolamines; mono, di and tri. The news and market analysis cover influencing factors such as regional activity, production issues, both planned and unplanned, and upstream movements. The up-to-date market information helps support your commercial decision-making.
Our editor gives their expert view
Ethanolamines Europe Transcript
The ICIS ethanolamines report has assessments for three main grades of ethanolamine that’s monoethanolamine diethanolamine and triethanolamine, and when we’re looking at the triethanolamine, we’re looking at the 99% purity.
We assess the contract market on a monthly basis and within the report commentary itself, we look at what’s going on in the spot market because that can have a guiding influence on where prices might be heading. To back up those price assessments we look at what’s actually going on in those markets itself. How is supply, how is demand, what’s happening upstream in the ethylene, ethylene oxide and ammonia markets, to see how that might have a guiding influence on the price.
We talk to a broad cross-section of people in the market. We talk to buyers and traders, producers, distributors and storage companies. We talk to all of these people to gain a consensus view of what’s happening in the market and what could be happening in times to come.
People use our ethanolamines report in order to inform their business decisions, in order to decide when’s a good time to buy or when’s not such a good time, and really the unique thing about the ICIS report is that it is produced on a weekly basis which allows us to keep up to date on changing trends, or even, you know, important events that happen in the market, it could be a plant explosion or a plant shutdown, which you might not be able to keep up with so regularly with a monthly report.
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Ethanolamines news and market information products from ICIS
We offer the following regional Ethanolamines analysis and news coverage to keep you informed of factors and developments affecting prices in the Ethanolamines marketplace.
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News & Analysis - News & market analysis specifically relating to Ethanolamines
Breaking news of latest developments affecting the markets.
Insight and analysis of factors driving prices.
Ethanolamines: Market overview
Updated to Q4 2016
Early ethanolamine contract price indications reveal a stable to slightly firmer October in mainland Europe, as upstream ethylene contract cost gains are weighed against reasonable demand and sufficient supply. The latter comes despite some plant turnarounds which will take place during the autumn, because they were planned and stocks built in advance.
There is some talk UK prices have risen £25-40/tonne in early October for exchange rate related reasons, along with higher upstream ethylene contract costs.
For Q4, initial contract indications suggest prices are likely to be relatively steady in mainland Europe, mirroring limited change in upstream ethylene contract costs during Q3 and early Q4.
In China, amines demand is expected to remain stable while supply is seen to be sufficient. Feedstock ethylene oxide (EO) prices in China are likely to stabilise, following a rebound in upstream ethylene contract costs in northeast Asia for the week ending 14 October.
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There are three main ethanolamines: monoethanolamine (MEA), diethanolamine (DEA) and triethanolamine (TEA). They are produced by the reaction of ethylene oxide with ammonia with the product mix varying from an MEA content of about 70% to a TEA content of about 50% and any combination in between.
MEA’s main use is in the manufacture of ethylene amines and imines, personal care products and detergents, and wood treatment. Applications for DEA include herbicides, detergents and personal care products and treatment of acid gases in refineries. A large portion of TEA goes into detergents and personal care products, engineering and metal working applications and concrete manufacture.
Ethanolamines are colourless liquids which can be hazardous in high concentrations.