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IndiaQ1 2025 saw a continuation of the stable pricing observed at the end of 2024. Shanghai FOB prices remained essentially flat, with minimal month-on-month increases. Jurong prices dipped slightly early in the quarter but returned to near-December levels. This calm reflects a market in equilibrium—steady demand from construction and industrial sectors met by consistent supply. Though prices remained well below Q1 2024 highs, the bottom appeared to have been established, setting the stage for a potentially firmer market ahead.
Q4 2024 was marked by stability at lower price levels. Shanghai FOB hovered around USD 1,857–1,870, showing only fractional declines. Jurong followed suit, closing the year at USD 2,462.5. The market operated with cautious optimism, though limited supplier activity and restrained buyer interest kept prices from rebounding significantly. Demand remained predictable but unremarkable, and market conditions suggested a “wait-and-see” approach going into 2025.
In Q3 2024, Shanghai prices showed slight recovery, with minor month-over-month increases in July and August before flattening in September. Jurong saw a similar but more subdued trend. The rebound suggested some improvement in market confidence, though large-scale demand did not fully return. Construction demand remained steady, supporting prices from further drops, but overall activity was below historical norms. The market appeared to find a temporary floor.
Q2 2024 saw more pronounced price declines, especially in June, when Shanghai FOB dropped to USD 1,830 and Jurong FOB to USD 2,555. These moves were driven by weakening demand across core sectors, particularly construction and coatings. While Jurong briefly rebounded in May, the overall trend for both regions was negative. Suppliers responded with selective pricing, and inventory buildup in the market pressured prices further downward.
In Q1 2024, Polyetheramine prices began to soften after a relatively stable start. Shanghai FOB declined from USD 2,060 in January to USD 1,972 by March (a ~4.3% drop), while Jurong prices were slightly more resilient, dipping to USD 2,751 in March. Though demand from the construction sector remained steady, the market saw reduced supplier engagement and fewer large-volume trades. The overall tone was one of caution, with signs of shifting sentiment emerging despite previously balanced supply-demand dynamics.
In Q1 2025, the Indian Polyetheramine market appeared to bottom out, with prices staying flat near INR 228,000 throughout the quarter. Tiny monthly adjustments signalled that both buyers and sellers had aligned on current valuations, echoing the stability seen in Shanghai and Jurong prices. The market seemed to be transitioning into a phase of equilibrium, supported by consistent (albeit modest) demand from the construction sector and steady raw material availability.
Q4 2024 reflected ongoing bearish sentiment, with monthly declines in all three months. Prices moved from INR 233,000 in October to INR 228,000 in December. The Indian market remained demand-driven, but consistent price drops suggested excess supply and low urgency in purchasing. This was in line with global trends, where FOB prices also plateaued at lower levels. Construction activity provided a floor to demand, but not enough to drive a recovery.
Prices in Q3 dropped to their lowest quarterly average in the year. July posted the sharpest decline (-3.64%), though August brought a brief 1.10% recovery. September saw a slight dip again, indicating weak market fundamentals. Global prices also remained under pressure due to low buyer engagement. Indian demand stayed steady but subdued, as downstream sectors avoided large-volume procurement amid declining price expectations.
Q2 2024 saw increased price volatility, with a significant drop in April (-2.36%), a short-lived rise in May, and a sharper correction in June (-2.90%). The net effect was a downward trend as prices fell below INR 243,000 by quarter-end. This aligned with weaker global sentiment and falling FOB prices in Shanghai and Jurong, influenced by reduced activity in the construction and coating sectors. The Indian market mirrored this sluggishness, with reduced restocking and a wait-and-see approach by buyers.
In Q1 2024, the Indian Polyetheramine market started with mild weakness, as January and February saw marginal declines. However, March posted a 1.58% rebound, bringing prices back above INR 252,000. The movement mirrored global trends, where FOB Shanghai and Jurong prices also hovered at relatively high levels, reflecting steady demand in key sectors like construction. Indian buying interest showed signs of confidence toward the end of the quarter, though overall sentiment remained cautious.
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These events underscore the Polyetheramine market’s vulnerability to global disruptions and highlight the need for continuous monitoring of supply-demand dynamics.
This research methodology ensures that PriceWatch delivers the most accurate, timely, and actionable Polyetheramine pricing assessments, helping our clients stay ahead of market trends and make informed business decisions.
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Polyetheramine is a versatile compound used in various industries. It acts as a curing agent for epoxy resins, improving durability and chemical resistance in coatings and adhesives. In polyurethane production, it enhances flexibility and strength in foams and elastomers. Polyetheramine is also used as a fuel additive to improve combustion efficiency, and as a corrosion inhibitor in water treatment and oilfield chemicals.
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PriceWatch Quotation Terms:
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.
| Property | Specification |
| Color, Pt-Co |
25 Max |
| Primary amine, % of total amine | 97 min. |
| Viscosity, cSt, (25°C) | 9.5 |
| Density g/ml (25°C) | 0.948 |
| Ph | 11-12 |
| Vapor pressure, mm Hg/°C | 10/133 |
| Water, wt% | 0.20 -0.25 |
| Amine Value mmol/g | 8.10-8.70 |
Applications
The pricing of Polyetheramine is influenced by several factors, including raw material costs such as amines, ethylene/propylene oxides fluctuations in supply and demand within industries like paints, coatings, and adhesives, as well as external elements like geopolitical events, trade tariffs, and energy prices. These factors combine to create variability in pricing depending on global economic conditions.
Regional production plays a significant role in Polyetheramine pricing. Regions with high production, like Asia-Pacific, tend to have more competitive pricing due to local availability, whereas regions that rely on imports, such as North America and Europe, often face higher costs due to transportation fees, import duties, and potential supply chain disruptions.
The latest pricing trends for Polyetheramine often reflect fluctuations in the cost of raw materials and changes in global supply chains. To secure better rates, procurement heads can consider locking in long-term contracts with suppliers, monitoring global price trends and indices, and optimizing bulk purchasing strategies to take advantage of volume discounts.
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