The prices of Ethanolamine, commonly known as MEA, witnessed widespread corrections in the global market in the month of December xxxx.
The price of Ethanolamine in India slipped by x.xxx. The main reason for this decline is that suppliers have been discounting their products in order to reduce the storage at ports and warehouses as a result of entering a new year. The costs of feedstocks have modestly increased by x.xx for ethylene oxide and by x.xx for ammonia. Despite the rise in costs, domestic manufacturers have been able to resist the pass-through. Ethanolamine production at Jamnagar and Kashipur manufacturing sites, along with regular import shipments from Saudi Arabia and the USA, ensured that enough materials were available. Despite healthy sales during the festive season in personal care and cosmetics, formulators drew on existing stocks, holding Ethanolamine demand in check....
