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Diethanolamine Price Trends and Forecast
Diethanolamine Price Trends and Forecast
Diethanolamine Regional Price Overview
Get the latest insights on price movement and trend analysis of Diethanolamine in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).
Diethanolamine Price Trend for the Q1 of 2024
Asia
The upward trend in diethanolamine prices in the Asian countries during the Jan-Mar quarter of 2024 was influenced by several market factors. The imbalance of supply and demand of the commodity was the primary driver of the diethanolamine prices. In China, the market players noticed limited overseas influx of the commodity and surge in domestic production cost which led to an incline in the prices of diethanolamine.
Diethanolamine Price Chart
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The market was also supported by the rising cost of feedstock chemicals and lower production capacity of Asian manufacturers. The inventories thus soon began to dry out, which concerned the trading sector. However, as the spring festival approached the downstream industries in China lowered their procurement rates, stabilizing the market momentum towards the end of the first quarter.
Europe
The European sector registered a remarkable growth in demand for diethanolamine in the first quarter of 2024. The price trajectory for the commodity was also much more visible due to the logistical challenges and delays in the production activities. Additionally, the loss of shipments to Houthi attacks and Red Sea crisis further constricted the supply chains. Also, multiple shutdowns in the production facilities and gradual increase in demand of diethanolamine while the inventories remained destocked provided more room to the traders to increase their quotations of diethanolamine.
North America
During the first quarter of 2024, the market players of diethanolamine struggled with tight supplies due to disruption of supply chains. The onset of Chinese New Year holiday season further intensified this situation as globally the demand of the commodity outpaced the production. The soaring levels were further supported by the increase in the prices of base chemicals by the industry giants which in turn increased the cost of production. Amid this elevation of production cost, the stockpiles of diethanolamine declined consistently, further leading to a surge in the prices of diethanolamine.
Analyst Insight
According to Procurement Resource, the price trend of Diethanolamine is estimated to follow the trail set by its downstream industries and inclining cost of production worldwide.
Procurement Resource provides latest prices of Diethanolamine. Each price database is tied to a user-friendly graphing tool dating back to 2014, which provides a range of functionalities: configuration of price series over user defined time period; comparison of product movements across countries; customisation of price currencies and unit; extraction of price data as excel files to be used offline.
About Diethanolamine
Diethanolamine, abbreviated as DEA, has the molecular formula C4H11NO2. This secondary amine and a diol is a colorless viscous liquid with hygroscopic properties and ammonia like odor. The liquid also has high solubility in water and in most of the organics solvents, resulting in its high usage in the chemical synthesis sector. This weak base also has the ability to act as a weak base which enhances its ability to stabilize emulsions, widely used in detergents, cosmetic products and pharmaceuticals.
Diethanolamine Product Details
| Report Features | Details |
| Product Name | Diethanolamine |
| Chemical Formula | C4H11NO2 |
| Industrial Uses | Surfactants and detergents, Pharmaceuticals, Lubricants, Textile industry, Agricultural Chemicals |
| Molecular Weight | 105.14 g/mol |
| CAS No. | 111-42-2 |
| HS Code | 29221200 |
| Supplier Database | Dow Chemical Company, BASF SE, Helm AG, Huntsman Corporation, Jinan Haohua Industry Co. Ltd |
| Region/Countries Covered | Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea, Iraq, Saudi Arabia, Malaysia, Nepal, Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore, Oman, Kuwait, Qatar, Australia, and New Zealand Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece North America: United States and Canada Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru Africa: South Africa, Nigeria, Egypt, Algeria, Morocco |
| Currency | US$ (Data can also be provided in local currency) |
| Supplier Database Availability | Yes |
| Customization Scope | The report can be customized as per the requirements of the customer |
| Post-Sale Analyst Support | 360-degree analyst support after report delivery |
Note: Our supplier search experts can assist your procurement teams in compiling and validating a list of suppliers indicating they have products, services, and capabilities that meet your company's needs.
Diethanolamine Production Process
In this batch synthesis, the reactants, ethylene oxide and ammonia, react to produce a crude mixture of ethanolamine, triethanolamine, and diethanolamine. From this mixture, diethanolamine is extracted and purified.
Methodology
The displayed pricing data is derived through weighted average purchase price, including contract and spot transactions at the specified locations unless otherwise stated. The information provided comes from the compilation and processing of commercial data officially reported for each nation (i.e. government agencies, external trade bodies, and industry publications).
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