Price trend

This week (5.18-5.23), the market for 2-Aminoethanol remained stable. According to the statistics of SunSirs, as of May 23, the mainstream market price of 2-Aminoethanol (with a domestic content of 99.9%) was between 10,300-10,600 RMB/ton, with an average price of 10,480.00 RMB/ton, which was unchanged from the market price of the previous week.

Maoming Shihua offered a price of 8,800 RMB/ton for 2-Amino

Main manufacturers’ prices: ethanol, Zhongke Refining offered a price of 8,800 RMB/ton for 2-Aminoethanol, and Satellite Chemical Co., Ltd. offered a price of 9,500 RMB/ton for 2-Aminoethanol in bulk; The overall market for 2-Aminoethanol remained stable.

Analysis review

The 2-Aminoethanol market was showing a stable operation trend, with the upstream raw material ethylene oxide market price remaining weakly stable, and the liquid ammonia market price declining. The main reason was that maintenance equipments were gradually resuming work, and the supply side was showing loose performance. Coupled with the downstream related product urea, which stopped rising this week, some regions had fallen back, and the market was in a stalemate, dragging down ammonia prices. The support for the cost side was relatively limited. The market demand for 2-Aminoethanol varied, with downstream on-demand procurement being the main focus.

Market outlook

It is expected that the market price of 2-Aminoethanol will remain stable in the near future, with little significant fluctuation.

If you have any questions, please feel free to contact SunSirs with support@SunSirs.com.