According to the Commodity Market Analysis System of Shengyishe, as of April 23, the average market price of monoethanolamine was 10500 yuan/ton, and on April 15, the average market price of monoethanolamine was 10620 yuan/ton, a decrease of 1.13% from last week.

In terms of cost:

Recently, the market for ethylene oxide has been fluctuating continuously, with mainstream prices showing a strong upward trend. Currently, ethylene oxide is showing a trapezoidal upward trend. According to data from Business Society, as of April 19th, the average market price of ethylene oxide in China is 7000 yuan/ton; From a regional perspective, the epoxy ethane market in East China is priced at 6900-7000 yuan/ton for external transactions; The listed price of ethylene oxide in the South China market is 7000 yuan/ton; The listed price of ethylene oxide in North China is 7000 yuan/ton; The listed price of ethylene oxide in the central China market is 7000 yuan/ton.

From the industrial chain diagram, ethanolamine, as a downstream product of ethylene oxide, accounts for 11%. Recently, the production enterprises of ethanolamine have been stable, with moderate profit levels and no significant fluctuations. Due to its wide range of uses, monoethanolamine has been applied in various fields such as textiles, printing and dyeing, pharmaceuticals, cosmetics, etc. Therefore, its market demand is relatively stable and there has been no significant growth point.

On April 23rd, the standard price of liquid amino in Shengyishe was 2883.33 yuan/ton, a decrease of -13.24% compared to the beginning of this month (3323.33 yuan/ton). The main reason is that the maintenance equipment has resumed work one after another, the supply side has shown loose performance, downstream procurement enthusiasm is not high, the peak season for agricultural demand procurement is approaching, industrial demand remains in high demand, and the sluggish demand side has suppressed the price of liquid ammonia.

Weak terminal demand:

As an important organic chemical raw material, monoethanolamine has a wide and diverse range of application scenarios on the demand side. In the chemical industry, monoethanolamine is a key intermediate in the synthesis of important compounds such as ethylenediamine and N, N-dimethylethanolamine, which is of great significance for the construction of basic chemical products such as resins, solvents, and coatings. In the textile industry, monoethanolamine is used as a solvent for the production of reactive dyes and pigments, playing an irreplaceable role in improving dyeing quality and efficiency. Meanwhile, in the papermaking industry, monoethanolamine is also used as a paper sizing agent and pigment dispersant.

However, the downstream demand for monoethanolamine is currently average and has not shown a significant growth trend. This is mainly because the market has become saturated, and the growth rate of downstream industries is gradually slowing down, which brings certain pressure to the growth of demand for monoethanolamine. In addition, some downstream industries are subject to certain restrictions on production activities under the influence of environmental policies, which also has a negative impact on the demand for monoethanolamine.

Overall

It is expected that the price of monoethanolamine will remain stable in the short term and there will be no significant breakthrough. For production enterprises, they should pay attention to market dynamics, arrange production plans reasonably, control costs, improve product quality, and respond to possible market changes.