For the Quarter Ending September 2025
North America
• The Price Index for Ethylenediamine in North America increased in Q3 2025, driven by strong demand from agrochemical and pharmaceutical sectors.
• This rise occurred despite stable domestic production and competitive pricing pressure from Asian and European suppliers.
• The Production Cost Trend remained stable throughout Q3, with no major disruptions in ethylene or ammonia supply.
• Domestic producers maintained consistent output, and energy costs were manageable.
• The Demand Outlook for Q4 2025 is cautiously optimistic. Continued growth in agrochemical formulations, pharmaceutical R&D, and industrial coatings is expected to support Ethylenediamine consumption.
• However, competitive imports and regulatory scrutiny may temper aggressive price movements.
• The Price Forecast for Q4 suggests a stable-to-slightly-increasing.
Why did the price of Ethylenediamine change in September 2025 in North America?
• In September 2025, Ethylenediamine prices increased due to selective restocking and moderate demand recovery in pharmaceuticals and specialty chemicals.
• While upstream feedstocks like ethylene and ammonia remained stable, limited inventory and seasonal procurement cycles supported a rise in Spot Prices.
APAC
• In China, the Ethylenediamine Price Index fell by 4.6% quarter-over-quarter, reflecting softer export demand domestically.
• The average Ethylenediamine price for the quarter was approximately USD 1278.67/MT, FOB Ningbo basis, reported.
• Ethylenediamine Spot Price weakened as regional margins compressed, and downstream orders remained cautious across China.
• Ethylenediamine Price Forecast stays moderate given subdued demand and limited restocking by domestic chemical producers.
• Ethylenediamine Production Cost Trend eased as lower ethylene feedstock and natural gas prices reduced margins.
• Ethylenediamine Demand Outlook remains muted because slower derivative and chelating agent demand dampened regional offtake volumes.
• Inventory levels and muted export enquiries pressured the Ethylenediamine Price Index, limiting spot market recovery.
• Major producer maintenance and subdued export demand reduced arrivals, keeping Ethylenediamine Spot Price and margins under pressure.
Why did the price of Ethylenediamine change in September 2025 in APAC?
• Supply remained ample due to ongoing production and limited refinery turnarounds, reducing short-term pricing pressure.
• Demand softened across downstream sectors with slow restocking and weaker export orders, constraining domestic consumption growth.
• Lower ethylene feedstock and energy costs eased production expenses, marginally supporting margins but not reversing price declines.
Europe
• The EDA spot market in Europe during Q3 showed some softness compared to previous stronger quarters. According to public commentary, the European EDA market displayed a “stable-to-slightly bearish” state through mid-2025.
• The Price Index for EDA in Europe remained relatively flat, with minor downward adjustments evident by the end of Q2 and into Q3.
• Downstream demand in Europe remained moderate during Q3 2025, sectors like water-treatment and detergents held up reasonably, but major growth was constrained by mature markets and economic headwinds.
• In the adhesives, coatings and polyamide resin segment: activity in Europe saw stable but not escalating demand, as construction and automotive end-markets remained cautious.
• The European agrochemical market is relatively mature and growth in EDA-derived intermediates was subdued, limiting incremental uptake of EDA.
• European producers and converters of EDA derivatives faced import-competition from Asia/Middle East, which pressured margins and limited downstream cost pass-through.
• Balanced, leaning slightly cautious rather than bullish. Demand outlook supported modest growth rather than strong ramp-up.
Why did the price of Ethylenediamine change in September 2025 in Europe?
• In September 2025, the Price Index for EDA in Europe decreased modestly (or remained weak) rather than showing a strong increase.
• Market commentary indicates that in Q2 the market was already under some pricing pressure due to import competition and moderate demand.
• Production cost trend remained stable (no major feedstock cost escalation) so there was limited upward cost push from producers.
For the Quarter Ending June 2025
North America
• The Ethylenediamine (EDA) market in North America experienced moderate fluctuations during Q2 2025, driven by shifting supply-demand dynamics and external market pressures.
• Import volumes remained steady, but increasing competition from lower-cost Asian and European suppliers began to impact local sentiment.
• Domestic production continued without major disruptions, maintaining consistent availability in the region throughout the quarter.
• Demand from key downstream sectors, especially agrochemicals and specialty chemicals, remained steady but showed no significant growth spurts.
• Pricing remained under mild pressure due to competitive international offers, limiting the scope for any substantial upward movement in the price index.
• Market participants showed cautious buying behavior, often delaying procurement in anticipation of further price corrections.
Why did the price of Ethylenediamine change in July 2025 in North America?
• The EDA market in North America faced pricing pressure due to the availability of competitively priced imports from Asia and Europe.
• Domestic buyers exercised caution in procurement in their procurement activities.
APAC
• The Ethylenediamine (EDA) Spot Price in APAC decreased by 6.72% quarter-over-quarter in Q2 2025, reflected in a bearish Price Index.
• The Ethylenediamine (EDA) market in South Korea exhibited a bearish Price Index trend throughout Q2 2025, largely influenced by the influx of lower-cost imports from key global suppliers.
• The softening of the Price Index was reinforced by ongoing anti-dumping investigations in neighboring regions such as India, which indirectly affected market confidence across the broader Asian supply chain.
• Despite consistent demand from downstream agrochemical applications during the seasonal peak, procurement activity in South Korea remained cautious due to price competitiveness in the international market.
• Manufacturing activity within the region stayed stable, but rising inventory levels and global price pressures discouraged aggressive pricing.
• Buyers adopted a conservative stance in response to prolonged regulatory proceedings and subdued regional market sentiment, leading to limited transaction volumes and a continued downward adjustment in the Price Index.
• Overall, Q2 2025 was marked by oversupply conditions, moderate demand, and increased reliance on competitively priced imports, shaping a weak Price Index environment for EDA in South Korea.
Why did the price of Ethylenediamine change in July 2025 in APAC?
• The Ethylenediamine (EDA) market in APAC continued to face downward pressure due to the availability of competitively priced imports from key regions like Saudi Arabia, China, the EU, and Taiwan.
• Ongoing anti-dumping investigations in nearby markets, such as India, contributed to market uncertainty and restrained procurement sentiment across the region.
• Despite stable to moderate demand from downstream agrochemical sectors during the seasonal plantation period, it was not sufficient to counterbalance the effects of sustained low-cost supply.
Europe
• The European Ethylenediamine (EDA) market experienced a largely stable to bearish performance during Q2 2025, with pricing dynamics influenced by both internal and external factors.
• Feedstock availability and production rates remained steady, ensuring a consistent supply of EDA across the region.
• Import flows from Asia and the Middle East continued, contributing to stable inventory levels and preventing any significant supply-side tightness.
• Market participants showed restrained buying behavior amid broader economic concerns across the Eurozone.
• Downstream demand from agrochemical and pharmaceutical industries remained moderate but failed to significantly lift market momentum.
• Competitive global pricing, particularly from Asian exporters, kept pressure on domestic producers to maintain price parity, leading to cautious market sentiment.
• The overall Q2 sentiment was defined by cautious procurement, ample supply, and limited demand growth, leading to a soft pricing environment for EDA in Europe.
Why did the price of Ethylenediamine change in July 2025 in Europe?
• The Ethylenediamine (EDA) price in Europe remained on a soft trajectory in July 2025 due to limited demand from downstream sectors like agrochemicals and pharmaceuticals.
• Competitive import offers from Asia and the Middle East created downward pressure on local producers, leading to restrained pricing strategies.
• Supply-side conditions were stable, with sufficient feedstock availability and steady production levels maintaining balanced inventory positions across the region.
For the Quarter Ending March 2025
North America
Throughout the first quarter of 2025, the Ethylenediamine (EDA) market in North America displayed a steady bullish trend, underpinned by improving demand dynamics and proactive market behavior. In January, although the plantation season had not yet commenced, the market experienced a surge in activity as traders and suppliers initiated restocking efforts in anticipation of future demand. This early movement injected confidence into the market, contributing to the upward momentum.
The bullish sentiment extended into February, driven by growing domestic demand as well as increased interest from Asian markets, particularly in the wake of the Lunar New Year, which traditionally marks a surge in trade activity. The post-holiday period revitalized international transactions and kept North American suppliers engaged. By March, the bullish tone strengthened further, as market participants began preparations for the upcoming plantation season in April.
Anticipating an increase in agrochemical sector consumption, suppliers adjusted their ex-quotations upward to reflect the evolving demand. Despite fluctuations in production costs during the quarter, market confidence remained intact, supported by strong downstream interest and consistent purchasing activity. Altogether, the first quarter was marked by sustained positive sentiment, restocking momentum, and growing anticipation of seasonal demand, keeping the EDA market firmly in a bullish position.
APAC
In Q1 2025, the Ethylenediamine (EDA) market in the APAC region maintained a strong bullish trajectory, primarily driven by a surge in the demand from the pharmaceutical and agrochemical sectors. January witnessed an increase in market activity as the pharmaceutical industry’s growth boosted demand for EDA, while the ongoing plantation season spurred agrochemical sector needs. This was further supported by proactive inventory restocking, with market participants anticipating supply disruptions during the Lunar New Year. February continued the upward trend, with strong demand persisting due to the peak of agrochemical activity and the resumption of industrial operations in China post-holidays. The introduction of new policies for the pharmaceutical sector also fueled optimism. By March, despite slight fluctuations in production costs, the market remained strong, driven by consistent demand from agrochemicals and ongoing plantation activities. The limited inventory available to meet new orders further fueled market activity, prompting players to source additional supplies internationally. The steady trade logistics and smooth operations across ports further supported market sentiment, reinforcing the overall positive outlook for the EDA market throughout the quarter. The combination of these factors contributed to the sustained bullish sentiment, ensuring continued market growth.
Europe
In the first quarter of 2025, the Ethylenediamine (EDA) market in Europe maintained a bullish trajectory, supported by rising demand and persistent supply chain challenges. In January, market activity intensified as participants began restocking in preparation for the upcoming peak plantation season expected in February. This early demand was further amplified by ongoing logistical disruptions, most notably port congestion in Hamburg, which constrained the smooth flow of goods. As February unfolded, the commencement of the plantation season led to a sharp rise in the consumption of existing inventories. To address the escalating demand, production and trading activities increased across the region, reinforcing the market’s upward momentum. Moving into March, the bullish sentiment persisted, though at a slightly moderated pace, as inventories were steadily drawn down and downstream demand remained stable. However, logistical issues continued to exert pressure on supply chains, with low water levels in the Rhine River and persistent congestion at major European ports complicating transportation and delivery schedules. These ongoing constraints played a critical role in sustaining firm market sentiment throughout the quarter, helping to keep EDA prices elevated and ensuring that bullish market dynamics remained intact across the European region.
For the Quarter Ending December 2024
North America
In Q4 2024, the Ethylenediamine (EDA) market in North America experienced a bearish trend, driven by a range of factors that affected both supply and demand. Fluctuations in feedstock prices, such as the continued decline in Ethylene Dichloride (EDC) and a modest improvement in Ammonia, did little to stimulate demand for EDA. The primary downstream sectors, particularly textiles and agrochemicals, showed limited activity, resulting in weak consumption throughout the quarter.
Additionally, ample inventory of the commodity was available, which helped meet any existing demand but prevented significant price changes. The market further struggled due to logistical challenges and supply chain disruptions caused by the hurricane season, which led to delays and operational halts at various production facilities. These disruptions compounded the bearish sentiment, as producers were unable to meet potential demand increases.
Despite efforts to stabilize supply and moderate production, the combination of low demand, excess inventory, and ongoing logistical hurdles kept the market on a downward trajectory. As a result, the EDA market in North America remained subdued throughout Q4 2024.
APAC
In Q4 2024, the Ethylene Diamine (EDA) market in the APAC region continued to face a bearish trend due to oversupply and weak demand from downstream sectors such as Polyurethane, Agrochemicals, and Textiles. Ample inventory levels, compounded by slow demand during the monsoon season, led to continued downward pressure on prices. Despite a rise in production costs, driven by higher Ethylene Dichloride (EDC) and Ammonia prices, the market remained subdued due to sufficient stock availability, limiting procurement activities. The competition from Chinese manufacturers, offering substantial discounts, further worsened the situation by forcing Indian producers to reduce prices and operate at lower capacities. At the end of the quarter, the textile sector experienced challenges due to upcoming sustainability regulations, which affected EDA demand. Similarly, the agrochemical sector faced issues from ongoing destocking activities and cost pressures from China, further contributing to the market's weak performance. Suppliers continued to clear excess inventory before the year-end, reinforcing the bearish sentiment. Overall, the market remained under pressure, with limited demand and excess supply dominating the landscape.
Europe
In Q4 2024, the Ethylenediamine (EDA) market in Europe experienced a bearish trend, largely driven by reduced production costs and weak demand from key sectors such as textiles and agrochemicals. Despite fluctuations in feedstock prices, with Ethylene Dichloride (EDC) continuing to decline and Ammonia seeing a slight improvement, these factors had little impact on boosting EDA demand. New orders remained scarce, and increasing pessimism, compounded by job cuts, further suppressed market activity. To address excess inventory, market players resorted to offering discounts, but low consumer confidence and constrained financial conditions continued to hinder demand. Additional challenges, such as labor shortages, heightened uncertainty, and rising costs, further exacerbated the market's negative sentiment. With new orders staying low and existing inventories sufficient to meet the weak demand, external factors like rail freight disruptions and an unfavorable economic outlook added further pressure. Despite effors by the European Central Bank to address inflation through interest rate cuts, the overall sentiment for EDA in Europe remained cautious and bearish.
