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 Q2 2020
As most Asian countries were under lockdown or movement restrictions due to the coronavirus outbreak, supply was deemed long on poor demand. In China, where many domestic plants scheduled their maintenance shutdowns during this period, supply was short, especially in late April to early May. Imports into China decreased when China was in lockdown. When the market recovered, supply was tight, which in turn supported yuan-denominated cargoes.
Demand was weak as most markets were shut during the height of the coronavirus pandemic. In southeast Asia, as lockdowns remained in place, market players retreated further to the sidelines. In China, demand was also poor in the first half of Q2, only recovering in the latter half. Likewise, India’s demand only started seeing a slight recovery in late Q2.
Q2 started out balanced as imports decreased as a result of logistics issues during the coronavirus. The BASF planned shutdown also continued into April. As Q2 progressed, there was not a huge jump in imported material as demand forecasts remained hard given the long lead times. Sintez moved a planned turnaround in April/May to July. DEA tightened, with material once again being exported. TEA and MEA were balanced, especially compared with Q2 2019.
MEA saw healthy coronavirus-related demand into detergents and personal care sectors in April. By May, however, demand had decreased and the supply chain seemed to be full, quashing demand somewhat. TEA 99% buying interest dropped in May and June as well. TEA 85% offtake was slow at the start of Q2 as construction activity was still impacted by lockdowns, before increasing in May and June. DEA demand increased for export in May and June.
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.