Procurement Resource Evaluates the Price Trends of 2-Amenoethanol in its Latest Insights and Dashboard

Procurement Resource Evaluates the Price Trends of 2-Amenoethanol in its Latest Insights and Dashboard

Price Trends of 2-Amenoethanol in its Latest Insights and Dashboard

Procurement Resource does an in-depth analysis of the market trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the 2-Amenoethanol price in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends. Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; Customisation of price currencies and units and downloading of price information as excel files that can be used offline. The pricing database and analysis of 2-Amenoethanol can prove valuable for the procurement managers, directors, and decision-makers to build up their strongly backed up strategic insights to attain progress and profitability in the business.

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Product Description:

Ethanolamine is an organic chemical compound also referred to as 2-amenoethanol. It smells like ammonia and is an opaque, viscous liquid, and is a set of amino alcohols. Its derivatives are widely distributed in nature, including lipids, which serve as a starting point for a number of N-acylethanolamines, or NAE, that control physiological processes in a wide range of animals and plants, including seed germination, interactions between plants and pathogens, chloroplast development, and flowering.

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Regions Covered to Evaluate 2-Amenoethanol Price Trend:

  • North America
  • South America
  • Europe
  • The Asia Pacific
  • The Middle East
  • Africa

Industrial Uses Impacting 2-Amenoethanol Price Trend:

Market expansion is anticipated to be fueled by rising demand from a variety of end-use sectors, including paints & coatings, cosmetics, chemicals, textiles, construction, metallurgy, pharmaceuticals, printing inks, personal care, and oil & gas. The market is expected to benefit from ethanolamine’s expanding application fields in wood preservation, the production of agrochemicals, and other specialised uses.

Key Market Players:

  • DowDuPont
  • BASF
  • Ineos Oxides
  • Huntsman
  • Akzo Nobel
  • Nippon Shokubai
  • Mitsui Chemicals

News and Events:

In North China, South China, Northeast China, and East China, the ex-factory price was 8,200 RMB/MT, while in Central China, it was 8,400 RMB/MT. From a cost perspective, changes in the price of crude oil affected the cost of ethylene, which frequently hit new highs in Northeast Asia. On March 31st, it had increased from 1,230 USD/MT at the beginning of the month to 1,370 USD/MT, a rise of 140 USD/MT or 11.38 percent. Prices for domestic ethylene have also increased, reaching 9,100 RMB/MT, a 3.41 percent increase since the first quarter started.

About Us:

Procurement Resource is Claight’s subscription-based SaaS platform providing in-depth research on product pricing and market insights for more than 500 chemicals, commodities, and utilities updated daily, weekly, monthly, and annually. It is a cost-effective, one-stop solution for all your market research requirements, irrespective of which part of the value chain you represent. We have a team of highly experienced analysts who perform comprehensive research to deliver our clients the newest and up-to-date market reports, cost models, price analysis, benchmarking, and category insights, which help in streamlining the procurement process for our clientele. Our team track the prices and production costs of a wide variety of goods and commodities, hence, providing you with the latest and consistent data. To get real-time facts and insights to help our customers, we work with a varied range of procurement teams across industries. At Procurement Resource, we support our clients, with up-to-date and pioneering practices in the industry, to understand procurement methods, supply chain, and industry trends, so that they can build strategies to achieve maximum growth.

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Company Name: Claight Corporation
Contact Person: Jolie Alexa
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