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 2019
Supply was overall longer as deep-sea cargoes were heard to be dumpted into Asia, especially in the Indian market. Export deep-sea cargoes were heard below market levels as suppliers sought to offload cargoes in anticipation of year-end holidays. In China, supply also lengthened on the restart of a major domestic amines producer. In southeast Asia, a key supplier had limited material after some issues with its production. But this had very little impact on the southeast Asian market in a slower demand season.
Demand in Q4 remained poor in a weak seasonal market, alongside bearish upstream ethylene oxide (EO). Lacklustre downstream demand in China, especially in the construction industry – with end-use in cement mixing – slowed down during the winter months. In India, amid an oversupply of import cargoes, buyers procured strictly on a need-to basis, unhurried amid ample supply. In southeast Asia, demand was stable-to-soft, as sentiment was affected by China and India, in a slowing economy caused by the ongoing US-China trade war.
The ethanolamines market remained long for much of Q4 as imports of monoethanolamines (MEA) and triethanolamines (TEA), in particular, continued to head towards Europe from the Middle East and the US. However, outages in the US, which began in November, meant that the influx of material from the region began to ease towards the end of the year. An outage at a European plant did little to influence the market balance, even though it lasted longer than expected.
Activity began to typically slow towards the end of Q4 as the market started to destock. Prior to that, demand for TEA 85% into the construction industry was relatively steady and the offtake of MEA and TEA into the personal care and detergents sectors was stable. MEA volumes slowed into wood treatment but were beginning to increase into the crop protection market. Diethanolamine (DEA) demand was quiet, with offtake into herbicides slowing globally on health concerns.
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.