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.
Updated to Q4 2020
Supply was generally tight in Asia during the last three months of 2020. At least one major producer was under reduced production amid facility issues. As such, suppliers went on allocation, particularly for monoethanolamines (MEA), which remained very short during this period. In China, other than MEA, supply levels for diethanolamines (DEA) and triethanolamines (TEA) were quite healthy.
Demand for ethanolamines was quite healthy in Asia, as regional economies re-opened as the coronavirus pandemic was brought under control. Demand for monoethanolamines (MEA) was especially strong as buyers sought to stock up on their inventories amid the shortage. There was also steady demand for diethanolamines (DEA) and triethanolamines (TEA) as well. In China, TEA fared the worst as the market was seen slowing down.
The ethanolamines market was balanced in Q4 as imports became more limited. This was a result of an unclear demand outlook for Europe, a planned outage in the Middle East and a disruption to supply in the US due to hurricanes. There was also a planned outage at BASF’s Antwerp plant. There were some increased exports, especially for diethanolamines.
Demand was mixed in Q4 depending on end use. Construction offtake started to see an upturn in some regions but other downstream sectors continued to struggle amid coronavirus restrictions. The end of the year saw a slight upturn in activity in preparation for Brexit and some last-minute buying as logistics worries for the start of 2021 prompted some unforeseen demand.
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 including monoethanolamine (MEA), diethanolamine (DEA) and triethanolamine 99% (TEA) find a variety of applications across several sectors of the industry.
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.