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.
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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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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.