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 Q3 2019
The overall supply situation was mixed on planned and unplanned shutdowns. However, the short supply was balanced out by tepid demand in Asia. Despite feedstock hikes, amines suppliers who remained well-stocked were unable to pass on the upstream cost increase to the downstream amines market. Supply was deemed longer in India, where competition was fierce with the market flooded with material from various origins.
Spot demand for ethanolamines was tepid for the most part, because of the yearly monsoon season in India, a slowing global economy, and the ongoing US-China trade spat. In China, demand increased a little before the Chinese National Day holiday as downstream manufacturers were building up some inventories. The market was also supported by the turnaround of a local supplier. In southeast Asia, demand was mostly constant despite the maintenance shutdown of a regional producer.
The ethanolamines market was significantly impacted by imports in Q3, especially for mono ethanolamine (MEA) and tri-ethanolamines (TEA). Anti-dumping duties (ADDs) on material from the Middle East and the US into China has rerouted material towards Europe and tipped the market balance. This meant that the market was well supplied, especially during the slower summer holiday period. Any turnarounds had no impact on the market balance as import volumes easily filled any supply gaps.
Demand for some grades of ethanolamine fell during the summer period in the third quarter as downstream end users shut down production, especially in the south of Europe. Demand into the wood treatment sector was healthy overall as was offtake into the esterquats market, with volumes into construction reasonable depending on the region. However, buying was muted by a fragile economic and political climate, influenced by factors such as the US/China trade war.
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.