For the Quarter Ending September 2025
North America
• In the USA, the Polyetheramine Price Index fell by 0.56% quarter-over-quarter, reflecting import-driven inventory adjustments.
• The average Polyetheramine price for the quarter was approximately USD 2012.00/MT, CFR Houston market assessment included.
• Polyetheramine Spot Price eased as front-loaded imports increased port inventories, moderating seller urgency, reducing premiums.
• Polyetheramine Price Forecast suggests mild downward pressure amid expected post-stockpiling destocking and normalized import flows.
• Polyetheramine Production Cost Trend remained elevated as ethylene oxide feedstock prices supported producer cost bases.
• Polyetheramine Demand Outlook indicates resilient automotive consumption but moderating construction activity into late season regionally.
• Polyetheramine Price Index volatility was tempered by improved logistics and balanced import arrivals, reducing market tightness.
• Polyetheramine Spot Price volatility may decline as domestic inventories remain ample and import windows normalize seasonally.
Why did the price of Polyetheramine change in September 2025 in North America?
• Inventory overhang from June front-loading reduced buying urgency, exerting downward pressure on the Polyetheramine Price Index.
• Higher ethylene oxide feedstock costs sustained production cost pressure, limiting sellers' willingness to cut prices.
• Improved shipping rates and eased port congestion accelerated imports, enhancing availability and tempering spot prices.
APAC
• In China, the Polyetheramine Price Index fell by 0.97% quarter-over-quarter, reflecting oversupply and weaker construction.
• The average Polyetheramine price for the quarter was approximately USD 1875.00/MT, FOB Shanghai assessment basis.
• Polyetheramine Spot Price showed volatility as export demand recovered, while ports recorded inventory accumulation pressures.
• Polyetheramine Price Forecast suggests swings from seasonal restocking, Golden Week effects, and feedstock ethylene oxide.
• Polyetheramine Production Cost Trend was steady; ethylene oxide, ammonia prices marginally fluctuated within tight ranges.
• Polyetheramine Demand Outlook is mixed as automotive demand holds, while construction weakness limits industrial procurement.
• Polyetheramine Price Index movements reflected inventory swings, export order timing, and producers adjusting offers periodically.
• Producers maintained steady operating rates, with no major outages reported, supporting export competitiveness and supply.
Why did the price of Polyetheramine change in September 2025 in APAC?
• Export orders recovered, tightening localized supply while domestic construction demand softened, creating mixed pricing pressures.
• Stable feedstock costs limited production cost increases; high domestic output caused inventory accumulation and discounts.
• Logistical constraints and holiday restocking altered shipment timing, influencing near-term availability and spot bidding behavior.
Europe
• The Polyetheramine Price Index fell quarter-over-quarter in Q3, reflecting subdued demand and steady supply.
• Demand from epoxy curing agents, polyurea coatings, adhesives, sealants, and fuel additives remained weak across key European markets.
• The Polyetheramine Price Forecast suggests limited upside in Q4 amid cautious restocking and muted construction and automotive activity.
• Stable feedstock costs (ethylene oxide and propylene oxide) moderated the Polyetheramine Production Cost Trend, helping producers maintain margin stability.
• The Polyetheramine Demand Outlook remained conservative, indirectly affecting solvent blending and intermediate consumption trends.
• Weekly movements in the Price Index were neutral to soft, supported by balanced supply and consistent plant operations.
• High inventories and limited export pull weighed on domestic offers, keeping the market soft throughout the quarter.
Why did the price of Polyetheramine change in September 2025 in Europe?
• Prices decreased due to low offtake from coatings, adhesives, and composite manufacturers, despite expectations of seasonal demand recovery.
• Stable feedstock costs and uninterrupted production maintained supply, limiting upward price momentum.
• Sufficient spot availability and cautious procurement behavior kept sellers from raising offers, sustaining a soft market tone.
For the Quarter Ending June 2025
North America
• The Polyether amine Price Index declined by 10% quarter-over-quarter in Q2 2025, reflecting the overall bearish market trend driven by oversupply and subdued demand across key downstream sectors.
• The Polyether amine Spot Price came under pressure due to elevated inventory levels stemming from increased import volumes, particularly from Asia, amid relaxed tariffs and low freight costs.
• The Polyether amine Production Cost Trend fluctuated through the quarter—initially dipping due to cheaper imports and later rising in June as input costs surged and logistical delays affected availability.
• The Polyether amine Demand Outlook remained weak across coatings, adhesives, and automotive sectors in April and May, but improved slightly in June as institutional construction activity picked up and adjusted vehicle sales indicated resilience.
Why did the price of Polyether amine change in July 2025 in North America?
• The Polyether amine Spot Price declined during the quarter due to persistent oversupply, higher imports, and sluggish downstream offtake, particularly in coatings and adhesives.
• The Polyether amine Production Cost Trend remained elevated in June, supported by increased feedstock costs, higher import premiums, and logistical bottlenecks.
• The Polyether amine Demand Outlook turned slightly optimistic by the end of Q2, led by recovery in nonresidential construction and adjusted strength in automotive sales, although overall sentiment remained cautious.
• The Polyether amine Price Forecast for Q3 2025 suggests continued volatility, with prices potentially stabilizing if construction momentum holds and supply pressures ease.
APAC
• The Polyether amine Price Index in China witnessed a quarter-over-quarter decline of 7% in Q2 2025 due to subdued demand from key downstream sectors such as construction and fuel additives.
• Despite stable production and consistent feedstock availability, the Polyether amine Spot Price trended downward through April and May, as oversupply conditions and competitive pricing weighed on market sentiment.
• The Polyether amine Production Cost Trend remained relatively soft amid decreasing feedstock prices (notably ethylene oxide) and steady plant operations, allowing manufacturers to sustain output without cost-driven pressure.
• The Polyether amine Demand Outlook improved modestly in June, led by strong automotive and infrastructure activity across China and rising export interest from Southeast Asia and the U.S., reversing the previous bearish trend.
Why did the price of Polyether amine change in July 2025 in Asia?
• The Polyether amine Spot Price showed a firming trend in July 2025 following earlier declines, supported by a resurgence in downstream demand and leaner inventories.
• The Polyether amine Production Cost Trend remained stable, as feedstock costs showed minimal fluctuations and manufacturing operations ran uninterrupted.
• The Polyether amine Demand Outlook turned optimistic as automotive and construction sectors posted healthy gains, contributing to stronger offtake across APAC markets.
• The Polyether amine Price Forecast indicates a potential upward trajectory in Q3 2025, contingent on continued export growth and sustained activity in domestic end-use sectors.
Europe
• The Polyether amine Price Index witnessed mixed movements in Q2 2025, reflecting volatile demand patterns and intermittent supply challenges across the region.
• The Polyether amine Spot Price remained under mild pressure during most of the quarter, weighed down by soft downstream consumption in coatings and composites, despite steady supply availability.
• The Polyether amine Production Cost Trend stayed elevated, driven by persistently high feedstock prices and increased energy costs, particularly in Germany and France.
• The Polyether amine Demand Outlook was inconsistent—while automotive OEM activity showed some resilience, construction demand remained fragile amid macroeconomic uncertainty and delayed infrastructure spending.
Why did the price of Polyether amine change in July 2025 in Europe?
• The Polyether amine Spot Price remained largely stable through the end of Q2, as balanced supply and modest downstream offtake offset cost-side pressures.
• The Polyether amine Production Cost Trend continued to be impacted by high power tariffs and feedstock price inflation, limiting producers’ flexibility in pricing.
• The Polyether amine Demand Outlook stayed muted in traditional sectors like adhesives and elastomers, but gradual recovery in automotive and selective industrial demand offered limited support.
• The Polyether amine Price Forecast for Q3 2025 indicates marginal downside risk unless broad-based demand picks up, especially from infrastructure-related segments.
For the Quarter Ending March 2025
North America
During the first quarter of 2025, the North American Polyetheramine market experienced a price decline of 8% compared to the previous quarter, driven primarily by weakening demand and improved supply conditions.
At the start of the quarter, prices in the U.S. rose slightly due to supply constraints from exporting regions, elevated feedstock costs, and global logistics disruptions ahead of the Lunar New Year. However, the increase was short-lived as domestic demand from the polyurethane, construction, and automotive sectors remained subdued, with suppliers hesitant to lower prices despite weak market activity.
By mid-quarter, prices dropped significantly amid declining feedstock Diethylenetriamine (DETA) costs and rising inventories. A lack of new construction activity and reduced project spending added to the bearish sentiment, while automotive demand also softened.
In March, prices continued to slide modestly due to stable production and sufficient import availability. Seasonal construction lulls and cautious procurement further dampened market activity. Despite some resilience in the auto sector, overall demand weakness and balanced supply contributed to the quarter’s downward pricing trend.
APAC
During the first quarter of 2025, the Asia-Pacific (APAC) Polyetheramine market experienced a modest price increase of 2% compared to the previous quarter, supported by shifting supply-demand dynamics and seasonal trends. Early in the quarter, prices rose sharply due to tight supply conditions in China. Temporary factory shutdowns, labor shortages, and logistical challenges ahead of the Lunar New Year led to depleted inventories and limited production capacity. Strong demand from the polyurethane and coatings sectors further tightened the market, pushing prices upward. However, by mid-quarters, prices declined as production resumed and supply improved. A dip in feedstock Diethylenetriamine (DETA) prices and elevated stock levels led suppliers to clear inventories, creating a competitive, buyer-friendly market. In March, prices rebounded slightly amid stronger demand from downstream construction, automotive, and coatings sectors. Despite lower feedstock costs, sustained consumption and stable manufacturing activity helped stabilize the market. Overall, robust end-use sector performance and strategic supply adjustments resulted in a net quarterly price gain for Polyetheramine across the APAC region.
Europe
During the first quarter of 2025, the European Polyetheramine market witnessed a downward price trend compared to the previous quarter. The decline was primarily driven by subdued demand from key downstream sectors such as construction and automotive, along with stable-to-ample supply levels across the region. Early in the quarter, prices remained under pressure due to sluggish construction activity and limited infrastructure investments. Automotive production also faced headwinds amid reduced consumer spending and supply chain uncertainties. On the supply side, manufacturers maintained steady production rates, while inventories remained sufficient to meet the market needs. Feedstock costs, particularly for Diethylenetriamine (DETA), showed mixed trends, offering limited cost support for producers. Additionally, import flows from Asia contributed to heightened competition and further pressured domestic pricing. Despite some support from the coatings and adhesives industries, overall market sentiment remained cautious. Buyers adopted a wait-and-watch approach, focusing on short-term procurement strategies. These combined factors led to a soft pricing environment across Europe during the quarter.
For the Quarter Ending December 2024
North America
The price of Polyetheramine in the North American market experienced significant fluctuations during the final quarter of 2024, starting with a notable decline in October and November before rebounding in December. The early decline was primarily influenced by the stable to declining costs of its feedstock, Diethylenetriamine (DETA), driven by moderating production expenses in Asian and European markets.
Additionally, subdued demand from the downstream polyurethane sector, along with excess inventory levels from earlier production cycles, further pressured market dynamics. While the automotive industry showed robust demand due to its focus on lightweight materials, this was counterbalanced by reduced consumption in the construction sector, where project slowdowns limited material requirements.
A gradual recovery in December was fueled by constrained supply, exacerbated by potential port disruptions in the U.S. and increased shipping costs linked to rising freight rates and geopolitical instability. The stable performance of the domestic polyurethane sector, particularly in construction and automotive applications, provided a solid demand base, amplifying the impact of supply challenges and supporting the price uptick.
APAC
Polyetheramine prices in the Asia-Pacific region fluctuated significantly during the final quarter of 2024, with an initial decline followed by a strong rebound. In October, despite robust demand from key sectors like automotive, construction, and paints and coatings, prices fell due to declining feedstock costs for Diethylenetriamine (DETA) in the Asian market, which reduced production expenses. Additionally, an oversupply of inventories in the domestic market placed downward pressure on prices as sellers sought to clear stock. This bearish sentiment persisted into November, as further reductions in feedstock costs, including Ethylene Dichloride (EDC), and subdued demand from the downstream polyurethane sector weighed heavily on the market. However, December saw a reversal in this trend, driven by significant increases in transportation costs and supply chain disruptions. Geopolitical instability in key shipping routes and rising freight rates dramatically inflated logistical expenses. Combined with a steady demand outlook supported by the polyurethane sector's recovery and stable offtake in international markets, these factors led to a price surge, despite continued declines in feedstock costs.
Europe
Polyetheramine prices in the European market fluctuated significantly during the final quarter of 2024, with an initial decline followed by a notable rebound. In October, despite steady demand from key sectors like automotive, construction, and paints and coatings, prices dropped due to declining feedstock costs for Diethylenetriamine (DETA), which eased production expenses for manufacturers. Furthermore, an oversupply of inventories across the region added downward pressure as sellers worked to clear excess stock. This bearish sentiment continued into November, driven by further reductions in feedstock costs, including Ethylene Dichloride (EDC), and weaker demand from the downstream polyurethane sector, which faced subdued consumption trends. However, December marked a reversal in the market trend, as significant increases in transportation costs and logistical disruptions drove prices upward. The impact of port congestion, rising shipping expenses, and geopolitical instability affecting supply chains intensified logistical challenges. Combined with stable demand from the polyurethane sector, bolstered by ongoing activity in construction and automotive markets, these factors contributed to a price surge, despite the continued softness in feedstock costs.
