Ethanolamines Prices, markets & analysis
ICIS offers trusted and reliable market intelligence for those buying or selling Ethanolamines or related products in the global Ethanolamines market.
Our reporters across Asia, Europe and the US keep in touch with local markets, bringing you price assessments, in-depth news and analysis which you can rely on to guide you in your commercial decisions.
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.
Price Reporting – More information about the price reports we publish on Ethanolamines
Independent price assessments and market coverage by region
Price History – More information about the historical price data we publish on Ethanolamines
Track historical price data
News & analysis
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 2014
The Asian ethanolamines market is expected to be weak in the fourth quarter. The Chinese buyers were not keen to stock up before the Golden Week holiday in October, as the downstream demand from herbicides, cement mixing and surfactants remained poor.
Supply, on the other hand, is seen in abundance as plants return from maintenance.
Meanwhile, the Chinese economy remains a challenge.
China’s official manufacturing Purchasing Managers Index (PMI) for September was unchanged from August at 51.1, official data from China Federation of Logistics & Purchasing (CFLP) showed on 1 October.
A PMI reading above 50 indicates expansion, while a reading below 50 denotes contraction in manufacturing activities.
In India, the market is inundated with supply and the buyers will not be in a rush to secure material. Imports are seen plentiful, particularly from the Middle East.
Separately, the Europe market is expected to remain balanced in the fourth quarter, with weak demand and destocking countered by lower imports and reduced operating rates at European producers. Pricing will depend on ethylene price movements, but is largely expected to remain unchanged.
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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.