EDTMP Price Trend and Forecast

EDTMP Regional Price Overview

Get the latest insights on price movement and trend analysis of EDTMP in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).

EDTMP Price Trend for the First Half of 2023

Asia

In the production of EDTMP, ethylenediamine serves as a major feedstock, and thus, its price trend is guided by the market activities of ethylenediamine. In the first quarter, the prices surged due to the surge in demand from the downstream industries and international consumers.
 

EDTMP Price Chart

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In addition to this, the positive movement of supply chains and rates of production, despite the challenging economic conditions, pushed the prices of EDTMP in a positive direction. However, in the second quarter, the prices declined gradually as stockpiles of inventories, reduction in cost of production, and weak movement of downstream industries severely affected the price trend.

Europe

The first quarter of 2023 registered a significant decline in the prices of EDTMP, while in the second quarter, the trend declined more steadily. The challenges for the market activities were, however, the same in both quarters.

The price trend of EDTMP in European countries was challenged by high levels of inventories, surplus supply of the products, the negative trajectory followed by the downstream industries, and weak performance of the economy. Further, the influx of cheap imports from Saudi Arabia and Sweden caused additional damage to the EDTMP price trend.

North America

The reduced demand for EDTMP in the first quarter of 2023 led to the southward movement of its prices. The raw materials market also failed to provide any support to the struggling EDTMP markets, and with a reduction in demand from both domestic and international sectors, the prices of EDTMP slumped. In the second quarter, the decline was more gradual as compared to the first quarter. The high rates of production and slow demand led to the rise in the level of inventories that pushed the traders to lower their price quotations for EDTMP.

Analyst Insight

According to Procurement Resource, the price trend of EDTMP is estimated to fall in the upcoming months as the global market seems to be suffering from low demand and weak support from the raw materials sector.

Procurement Resource provides latest prices of EDTMP (Ethylene Diamine Tetra (Methylene Phosphonic Acid)). 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.