Diethyl Ether Price Trends and Forecast
Get the latest insights on price movement and trend analysis of Diethyl Ether in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).
Diethyl Ether Price Trend for the Q1 of 2024
In the first quarter of 2024, the price trend of diethyl ether was closely influenced by fluctuations in the ethanol market, a key feedstock for its production. In Asia, countries like China, India, and Thailand increased ethanol production, driven by stable raw material supplies and rising consumption for transportation and oil dependency reduction. This heightened demand exerted pressure on global supplies and feedstock costs, leading to sustained pricing pressures and volatility. Meanwhile, European ethanol prices experienced narrow movements due to high feedstock costs and geopolitical tensions, impacting production.
Diethyl Ether Price Chart
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Despite increased demand from the gasoline and automotive sectors, constrained supply chain activities and import volumes limited market growth. The ongoing Israel-Hamas crisis further complicated the trade routes, affecting the ethanol market outlook. In North America, ethanol production surged, supported by government investments and rising gasoline prices. However, concerns over corn availability due to dry weather and geopolitical tensions surrounding Russian exports influenced price dynamics, contributing to expectations of sustained high prices and market stability. These regional factors collectively impacted the diethyl ether market, which relies heavily on ethanol, resulting in fluctuating prices and a complex supply-demand landscape in the first quarter of 2024.
Analyst Insight
According to Procurement Resource, the price of Diethyl Ether is estimated to incline with the rise in global production of ethanol and the demand for diethyl ether in chemical synthesis. The uptrend might also be favored by the rise in the prices of base chemicals by significant market players.
Procurement Resource provides latest prices of Diethyl Ether. 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.
Diethyl ether is a highly flammable liquid with a characteristic sweet odor. The liquid has a very low boiling point of approximately 34.6 °C. This ether is an excellent solvent and is thus widely used in organic synthesis reactions for the extraction and purification of compounds. It is also used as a reaction medium in Grignard reactions due to its ability to stabilize the reaction intermediates. Additionally, it serves as a starting fluid for engines and is also widely used in the production of pharmaceuticals and smokeless gunpowder.
Report Features | Details |
Product Name | Diethyl ether |
Chemical Formula | (C2H5)2O |
Industrial Uses | Solvent, Anesthetic, Pharmaceuticals, Smokeless gunpowder |
Molecular Weight | 74.12 g/mol |
HS Code | 29091100 |
CAS No. | 60-29-7 |
Supplier Database | INEOS, Merck KGaA, Industrial Solvents & Chemicals Pvt Ltd, BASF SE, LyondellBasell Industries Holdings BV |
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.
This production process involves a simple reaction between sodium ethoxide and ethyl iodide which results in the formation of diethyl ether as the main product and sodium iodide as the side product.
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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