Asia
The upward trend in diethanolamine prices in the Asian countries during the Jan-Mar quarter of 2024 was influenced by several market factors. The imbalance of supply and demand of the commodity was the primary driver of the diethanolamine prices. In China, the market players noticed limited overseas influx of the commodity and surge in domestic production cost which led to an incline in the prices of diethanolamine.
The market was also supported by the rising cost of feedstock chemicals and lower production capacity of Asian manufacturers. The inventories thus soon began to dry out, which concerned the trading sector. However, as the spring festival approached the downstream industries in China lowered their procurement rates, stabilizing the market momentum towards the end of the first quarter.
Europe
The European sector registered a remarkable growth in demand for diethanolamine in the first quarter of 2024. The price trajectory for the commodity was also much more visible due to the logistical challenges and delays in the production activities. Additionally, the loss of shipments to Houthi attacks and Red Sea crisis further constricted the supply chains. Also, multiple shutdowns in the production facilities and gradual increase in demand of diethanolamine while the inventories remained destocked provided more room to the traders to increase their quotations of diethanolamine.
North America
During the first quarter of 2024, the market players of diethanolamine struggled with tight supplies due to disruption of supply chains. The onset of Chinese New Year holiday season further intensified this situation as globally the demand of the commodity outpaced the production. The soaring levels were further supported by the increase in the prices of base chemicals by the industry giants which in turn increased the cost of production. Amid this elevation of production cost, the stockpiles of diethanolamine declined consistently, further leading to a surge in the prices of diethanolamine.
Analyst Insight
According to Procurement Resource, the price trend of Diethanolamine is estimated to follow the trail set by its downstream industries and inclining cost of production worldwide.
Related Report
Get real-time price assessments, periodic trends, forecasts and price driver insights across key global markets.
Unlock Price Insights NowOur Clients
Turn price intelligence into action with the Procurement Resource Database. Log in or subscribe to unlock live price trends, historical charts, supplier databases, cost curves, and analyst-backed insights across chemicals, agriculture, energy, packaging, and more. Use these tools to benchmark your contracts, plan budgets with confidence, and stay ahead of market moves on every product you buy.
0
+Products
0
+Regions
0
+Subscriptions
Diethanolamine, abbreviated as DEA, has the molecular formula C4H11NO2. This secondary amine and a diol is a colorless viscous liquid with hygroscopic properties and ammonia like odor. The liquid also has high solubility in water and in most of the organics solvents, resulting in its high usage in the chemical synthesis sector. This weak base also has the ability to act as a weak base which enhances its ability to stabilize emulsions, widely used in detergents, cosmetic products and pharmaceuticals.
C4H11NO2
Surfactants and detergents, Pharmaceuticals, Lubricants, Textile industry, Agricultural Chemicals
Dow Chemical Company, BASF SE, Helm AG, Huntsman Corporation, Jinan Haohua Industry Co. Ltd
CurrencyUS$ (Data can also be provided in local currency)
Supplier Database AvailabilityYes
Customization ScopeThe report can be customized as per the requirements of the customer
Post-Sale Analyst Support360-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.
In this batch synthesis, the reactants, ethylene oxide and ammonia, react to produce a crude mixture of ethanolamine, triethanolamine, and diethanolamine. From this mixture, diethanolamine is extracted and purified.
Udeesha Tomar
AVP - Strategy and Solutions
Leading procurement research solutions across chemicals, materials, and food & beverages, with expertise in price forecasting and market analytics.
Our Price Analysis Methodology
Experience how Procurement Resource transforms raw material price data into clear, decision ready intelligence. Optimise your performance with reliable, expert market data and analysis. Schedule your demo today to experience a live walk-through where our experts will showcase interactive price charts, forecasted prices, and insights driving the prices for your key commodities, tailored to your workflows. Contact us now!
Our Team will be happy to assist you
We are just a text away
Still Need Help?
Unlock full access to Procurement Resource's price databases, interactive charts, and short-term forecasts for thousands of commodities. Elevate your sourcing decisions by comparing prices across regions, downloading historical data, and layering in analyst-backed insights, all with our flexible plans that scale as your portfolio grows.
Still have any Questions
Contact Us
Price Trend Dashboard - What's Included
Price trends across a diverse portfolio of categories and products, spanning board to niche chemicals
Coverage extendable to grade-specific chemicals based on procurement requirements
Regular price tracking supported by robust historical datasets
News, policy updates, and key market drivers impacting price movements
Short-term and long-term price outlooks and forecasts
Supply-demand dynamics and capacity-driven market analysis
Track prices, market movements, supply-demand dynamics, and industry developments across hundreds of commodities through a centralized intelligence platform built for informed procurement decisions.
Understand market fluctuations using analyst-backed forecasts, historical pricing patterns, and evolving industry trends to strengthen sourcing strategies and budget planning.
Leverage cost models, pricing benchmarks, and procurement insights to evaluate purchasing opportunities, improve negotiations, and enhance operational efficiency.
Access region-specific price trends, trade activities, capacity changes, and supply chain developments influencing commodity markets worldwide.
