ICIS coverage of the Asian ethanolamines market provides timely information and valuable insights into Asia’s key markets and helps industry players to better understand the impact of events on markets in the region.
Updated to Q3 2018
Ethanolamines supply in Asia was mixed for Q3, amid fluctuations in upstream markets. China’s preliminary announcement for antidumping duties (ADD) on imports was seen as a key factor affecting trade flow. More cargoes from affected suppliers were shifted away from China, raising spot availability for other parts of Asia. In China, manufacturers opted to moderate production in view of filled inventories and low offtake. Rising ethylene oxide (EO) costs also translated to squeezed margins locally.
Demand for ethanolamines in Asia was broadly subdued in the third quarter. Import buyers in China restocked slightly amid the antidumping duty (ADD) proceedings, but generally held back in the quarter. Local demand was slow in light of the uncertain trading climate and weaker downstream sectors. Users in southeast Asia mostly purchased on a hand-to-mouth basis, while consumer sentiment in India was lacklustre due to the monsoon season. The depreciation of Asian currencies also weakened buying interest.
We offer the following regional Ethanolamines coverage to keep you informed of factors and developments affecting prices in the Asia 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.
The ICIS Asia Ethanolamines report covers weekly price assessments, market updates and production capacities of all the major ethanolamines markets in the region – China, India and southeast Asia – providing insights on the increasingly dynamic and volatile Asian market to key industry players including producers, buyers, traders and distributors.
Production news in Asia, including trade flows in China and India, and analyses on how capacity expansions in the Middle East affect Asia and other regional markets, are also covered in the report, providing a holistic view of the ethanolamines market.
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