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.
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 Q1 2017
In Europe, sellers are keen to achieve a €50-100/tonne increase so as to recover margins squeezed by higher upstream ethylene costs, as well as by exchange rate factors.
But as supply/demand is fairly balanced, price rises closely either side of cost ratio level may be more realistic in January. Q1 price settlements so far show rollovers and plus €50/tonne. In addition, it remains to be seen if the recent strength in the upstream crude and ethylene markets will sustain througout Q1.
There is talk of a stable to firmer tendency for Q1 business, but with proposed price hikes being met with more resistance for quarterly rather than monthly business. This is believed to be due to some competitive offers from some suppliers, who are keen to secure the business.
In Asia, while prices in China came under some upward pressure in early January 2017, due to high costs of feedstock ethylene oxide (EO), they are expected to stabilise in due course once EO prices soften, and when regional supply lengthens after new amines plants in the region come on-line.
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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.