This week (5.18-5.23), the market for monoethanolamine remained stable. According to the statistics of Business Society, as of May 23, the mainstream market price of monoethanolamine (with a domestic content of 99.9%) was between 10300-10600 yuan/ton, with an average price of 10480.00 yuan/ton, which is unchanged from the market price of the previous week.

Main manufacturer prices:

Maoming Shihua offers a price of 8800 yuan/ton for monoethanolamine, Zhongke Refining offers a price of 8800 yuan/ton for monoethanolamine, and Satellite Chemical Co., Ltd. offers a price of 9500 yuan/ton for monoethanolamine produced from the bulk water plant; The overall market for monoethanolamine remains stable.

The current ethanolamine market is 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 is that maintenance equipment is gradually resuming work, and the supply side is showing loose performance. Coupled with the downstream related product urea, which stopped rising this week, some regions have fallen back, and the market is in a stalemate, dragging down ammonia prices. The support for the cost side is relatively limited. The market demand for monoethanolamine varies, with downstream on-demand procurement being the main focus. It is expected that the market price of monoethanolamine will remain stable in the near future, with little significant fluctuation