Ethylamine Price Trend and Forecast

Ethylamine Regional Price Overview

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

Ethylamine Price Trend for Q1 of 2024

Ethylamine market prices are heavily influenced by the dynamics of its primary feedstock, ammonia, and acetaldehyde, across various global regions. In Asia, despite an initial price drop in January due to oversupply, the prices mildly recovered later in the quarter.
 

Ethylamine Price Chart

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This recovery was catalyzed by disruptions in global transportation—stemming from conflicts in Europe and the Middle East and Houthi attacks in the Red Sea—which strained supply chains and pushed up oil prices, indirectly affecting the costs of various commodities, including ethylamine. However, the price movement still largely remained confined. The difficult offshore trade situations were consistently constricting the profit margins for supplies, and after that point, prices bottomed out. Suppliers started hoarding products to prevent further losses since the upstream costs were rising.

In Europe, the scenario was somewhat bleaker with a feeble start in January as subdued domestic consumption drove prices downwards. The situation was exacerbated by Ukrainian attacks on Russian oil refineries, which damaged the region's energy infrastructure and complicated the upstream supply situation, leading to fluctuating prices throughout the quarter.

The situation was not much different in American markets as well. The ethylamine market mirrored Asia's with a steady yet modest performance, as weak end-user consumption capped any significant price movements. Rising production costs provided some upward momentum, but this was largely offset by geopolitical tensions affecting industrial and trade activities, leading to mixed market sentiments and subdued international orders. Across all regions, the first quarter marked a period of constrained market dynamics and cautious supplier and consumer behavior.

Analyst Insight

According to Procurement Resource, as per the current trend in Ethylamine markets, the prices are not looking north in the upcoming times.

Procurement Resource provides latest prices of Ethylamine. 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.