monoethanolamine Pricing Assessment

  • Commodity Pricing

Markets Covered: 

saSaudi Arabia
cnChina
myMalaysia
inIndia
thThailand
nlNetherlands
aeUnited Arab Emirates

Monoethanolamine Price Trend, Analysis and Forecast

In Q1 2024, prices of monoethanolamine in major exporting countries like Saudi Arabia, China and countries in APAC, Middle east and European region was increased around 3-4% as compared to Q4 2023 in APAC, Middle east and European region. This increase was attributed to several factors, including higher prices for raw materials, particularly Ethylene Oxide and ammonia, as well as logistics and transportation challenges. The bullish price trend is also witnessed from the major importing countries including India and UAE. This rise was majorly driven by rise in the freight charges and other transportation cost.

In Q2 2024, Monoethanolamine prices in Middle east and APAC Region market fluctuated around 4-5% compared to Q1 2024. This fluctuation was caused by disruption in the demand and supply of Monoethanolamine in the automotive, agricultural and textile industries. Similar fluctuations were also observed in various regions of the APAC market.

In Q3 2024, Monoethanolamine prices in Mid east and APAC Region market showed downward trend as compared to Q2 2024. This downward trend may caused because of increased production capacity, low raw material cost & other global economic factors. These factors, individually or in combination, can contribute to a decrease in monoethanolamine prices in the market.

The price forecast for monoethanolamine (MEA) in Q4 2024 is likely to show an increasing trend, driven by a combination of rising demand from the agricultural and industrial sectors, particularly as economic recovery continues. Supply chain disruptions and potential increases in raw material costs for ethylene oxide and ammonia could further contribute to upward pressure on prices. Additionally, stricter environmental regulations may lead to higher production costs, compounding the price increases. Overall, the interplay between recovering demand and supply constraints suggests a bullish outlook for MEA prices in the upcoming quarter.

Why ?

is your trusted resource for tracking global benzene price trends. Our platform delivers real-time data and expert analysis, offering deep insights into the key factors driving price fluctuations in the benzene market. By monitoring critical events such as geopolitical tensions, supply chain disruptions, and economic shifts, keeps you fully informed of market dynamics.

In addition, provides detailed forecasts and updates on production capacities, enabling you to anticipate market changes and make well-informed decisions. With , you gain a competitive edge in understanding all the elements that influence benzene prices worldwide. Stay ahead of the curve with ’s reliable, accurate, and timely Lactic Acid market data.

Track ‘s benzene price assessment on a weekly basis since 2015 onwards, along with short-term forecasts, and get access to the detailed report in a downloadable format.

is your trusted resource for tracking global monoethanolamine price trends. Our platform delivers real-time data and expert analysis, offering deep insights into the key factors driving price fluctuations in the monoethanolamine market. By monitoring critical events such as geopolitical tensions, supply chain disruptions, and economic shifts, keeps you fully informed of market dynamics.

In addition, provides detailed forecasts and updates on production capacities, enabling you to anticipate market changes and make well-informed decisions. With , you gain a competitive edge in understanding all the elements that influence monoethanolamine prices worldwide. Stay ahead of the curve with ’s reliable, accurate, and timely monoethanolamine market data.

Track 's monoethanolamine price assessment on a weekly basis since 2015 onwards, along with short-term forecasts, and get access to the detailed report in a downloadable format.

Historically, several events have caused significant fluctuations in monoethanolamine prices

Oil Price Collapse (2015-2016): The sharp decline in oil prices led to reduced production costs for petrochemical feedstocks, affecting Monoethanolamine prices. 

Increased Production Capacity (2017): New plants in the region, particularly in China and the Middle East, increased supply, putting downward pressure on prices. 

Trade Wars (2018): The US-China trade tensions affected global supply chains and created uncertainty, impacting pricing and availability. 

Supply Disruptions (2019): Unplanned outages in key production facilities in Asia and the Middle East caused temporary spikes in prices. 

COVID-19 Pandemic (2020): Global lockdowns led to decreased industrial activity, resulting in lower demand and significant price drops. 

Post-Pandemic Recovery (2021): A rebound in industrial activity led to rising demand and a subsequent increase in Monoethanolamine prices. 

Energy Crisis (2022): The energy crisis exacerbated by geopolitical tensions, especially the Russia-Ukraine conflict, led to soaring energy prices, impacting production costs for Monoethanolamine. High fertilizer prices boosted demand for Monoethanolamine as a key ingredient in agrochemicals. 

Market Stabilization (2023): Prices began to stabilize as supply chains adjusted, but regional differences persisted based on local demand and production capabilities. 

Continued Price Adjustments (2024): Ongoing geopolitical tensions and economic recovery efforts led to fluctuations as markets recalibrated. 

These events underscore the Monoethanolamine market’s vulnerability to global disruptions and highlight the need for continuous monitoring of supply-demand dynamics. 

Methodology and Specifications

monoethanolamine Pricing Assessment Research Methodology

Data Collection and Sources

  • Real-Time Market Data: PriceWatch aggregates real-time pricing data from a diverse range of sources, including global commodity exchanges, industry reports, and proprietary databases. This ensures that our assessments reflect the most current market conditions. 
  • On-the-Ground Intelligence: Our team gathers insights directly from key market participants, including producers, suppliers, traders, and end-users, across major Monoethanolamine production hubs. This ground-level intelligence is crucial for understanding localized market dynamics. 
  • Supply Chain Monitoring: We track the entire Monoethanolamine supply chain, from raw material availability (e.g., Ethylene Oxide, Ammonia) to production and distribution channels. This includes monitoring feedstock prices, production capacities, and transportation logistics.

Event Tracking and Impact Analysis

  • Geopolitical Tensions: PriceWatch continuously monitors global geopolitical developments, such as conflicts or trade disputes, which can significantly impact Monoethanolamine prices. Our analysis includes potential disruptions to supply chains and their immediate and long-term effects on pricing. 
  • Natural Disasters and Climate Events: We assess the impact of natural disasters on Monoethanolamine production facilities, particularly in vulnerable regions. These events are factored into our price forecasts and supply outlooks. 
  • Economic Shifts: PriceWatch evaluates macroeconomic trends, including global economic growth, inflation rates, and sector-specific demand (e.g., automotive, packaging), to predict shifts in Monoethanolamine demand and corresponding price movements. 

Production Capacity and Supply Analysis

  • Current Production Monitoring: We maintain a comprehensive database of global Monoethanolamine production facilities, tracking their operational status, maintenance schedules, and output levels. This allows us to assess current supply availability accurately. 
  • Future Capacity Projections: Our research includes detailed forecasts of upcoming Monoethanolamine production capacities, factoring in new plant constructions, expansions, and technological advancements. This helps in predicting future supply trends and potential price stabilization. 

Demand Forecasting

  • Sectoral Demand Analysis: PriceWatch provides in-depth analysis of demand trends across key sectors, including packaging, automotive, and construction. We track year-on-year demand growth and project future consumption patterns based on economic indicators and industry developments. 
  • Global Demand Dynamics: Our methodology considers regional demand variations and how they influence global Monoethanolamine pricing. This includes understanding the impact of shifts in manufacturing bases, trade policies, and environmental regulations. 

Pricing Model Development

  • Dynamic Pricing Models: PriceWatch utilizes advanced econometric models to forecast Monoethanolamine prices, incorporating real-time data, historical trends, and projected market conditions. Our models are continuously refined to enhance accuracy and predictive power. 
  • Scenario Analysis: We conduct scenario-based assessments to evaluate potential future market conditions. This includes best-case, worst-case, and most likely scenarios, helping our clients prepare for a range of market outcomes. 

Reporting and Client Support

  • Comprehensive Reports: Our clients receive detailed reports that include current price assessments, future price forecasts, and in-depth analysis of market drivers. These reports are designed to be actionable, providing clear insights and recommendations. 
  • Ongoing Support: PriceWatch offers continuous updates and personalized support to our clients, ensuring they have the most up-to-date information to make informed decisions. Our experts are available to discuss specific market developments and provide tailored advice. 

This research methodology ensures that PriceWatch delivers the most accurate, timely, and actionable Monoethanolamine pricing assessments, helping our clients stay ahead of market trends and make informed business decisions. 

Specifications

Molecular Weight[g/mol]

61.08 g/mol

CAS No

141-43-5

HS Code

29221110

Molecular Formula

H2NCH2CH2OH

monoethanolamine

Monoethanolamine (MEA) is a colorless, viscous liquid with an ammonia-like odor, commonly used in a variety of industrial applications. Its chemical formula is C2H7NO. MEA is primarily used in gas treatment, where it helps remove carbon dioxide and hydrogen sulfide from natural gas and refinery gases. It also plays a key role in the production of detergents, surfactants, emulsifiers, and as a corrosion inhibitor. Additionally, MEA is used in water treatment, personal care products, and cosmetics due to its pH-regulating and neutralizing properties. Its versatility makes it valuable in chemical processes, industrial formulations, and environmental management.

Packaging Type

Iso Tank

Grades Covered

≥99.5 %

Incoterms Used

FOB Jeddah (Saudi Arabia), FOB Shanghai (China), FOB Kelang (Malaysia), FOB Laem Chabang (Thailand), FOB Rotterdam (Netherlands), CIF Nhava Sheva (India), CIF Jebel Ali (UAE)

Synonym

2-aminoethanol

Quotation Terms:

25-28 MT

Ex-Location: This incoterm refers to a shipping agreement where the seller makes the goods available at their premises, and the buyer is responsible for all transportation costs, including shipping, insurance, and any other fees.
CIF: CIF refers to the Cost, Insurance, and Freight (CIF) terms for goods. Under CIF terms, the seller is responsible for the cost of goods, insurance, and freight charges until the goods reach the port of destination.
FD: FD stands for Free Delivered where the seller takes full responsibility for delivering goods to the location/port. This ensures the buyer receives the goods at the designated port with all necessary costs, except import duties, covered.
FOB: FOB refers to the Free On-Board shipping term, where the seller is responsible for the cost and risk of delivering the goods to the port. Once the goods are on board the vessel, the responsibility shifts to the buyer for all costs, including shipping and insurance.

Properties  Specifications 
MEA, %  ≥≥

99.5 %  

Appearance  Clear Liquid 
Color  ≤20≤20

APHA 

Water, %  ≤≤

0.2 % 

Specific gravity (@ 20/20 °C)  1.019 TBC 
Melting Point (°C)  10 °C 
Boiling Point (°C)  170.5 °C 
Flash Point (°C)  93 °C 

Applications

Monoethanolamine (MEA) is a simple ethanolamine with one primary amine and one alcohol group. It is a colorless liquid with a mild ammonia odour. MEA is mainly used in sweetening natural gas and coal gas, and as soap or amides in heavy-duty detergents. Monoethanolamine is also used in the production of ethylene amines.As well as it is also majorly used in Automotive industry.

Disclaimer

Monoethanolamine price provided by is a base price and excludes VAT/Taxes, discounts, or offers. The information herein is accurate to the best of our knowledge as of the date indicated and is provided solely for the convenience of our customers as a reference for monoethanolamine. disclaims any warranties or representations regarding the accuracy of results derived from this information. It is the sole responsibility of the user to assess the suitability of the product for their specific application. This document does not constitute an endorsement to use the product in violation of any applicable patent rights.

Request a Price Watch Demo

Frequently asked questions

What factors drive the price fluctuations of monoethanolamine in the market? +

The pricing of monoethanolamine is influenced by several key factors, including raw material costs, production capacity, and market demand. Changes in the prices of ethylene oxide and ammonia, which are primary feedstocks, can significantly impact monoethanolamine prices. Additionally, geopolitical events, regulatory changes, and advancements in production technology also play a role in market dynamics. Understanding these factors can help procurement heads anticipate price changes and adjust their sourcing strategies accordingly.

How do economic conditions affect the pricing of monoethanolamine? +

Economic conditions, such as inflation rates, currency fluctuations, and global economic growth, directly impact the pricing of monoethanolamine. In periods of economic growth, demand for monoethanolamine typically increases in industries like agriculture, textiles, and cleaning products, leading to higher prices. Conversely, during economic downturns, demand may decline, resulting in lower prices. Procurement heads should closely monitor economic indicators to make informed purchasing decisions and negotiate better pricing agreements.

What strategies can procurement heads use to mitigate rising monoethanolamine prices? +

To mitigate rising prices of monoethanolamine, procurement heads can adopt several strategies, including long-term contracts with suppliers to lock in prices, diversifying their supplier base to enhance competition, and exploring alternative sourcing options. Additionally, investing in inventory management can help buffer against price volatility. Staying informed about market trends and engaging in proactive negotiations can also enable procurement heads to secure better pricing and ensure consistent supply despite market fluctuations.

Price Watch Login