In April Hx, the price of Triethylamine (TEA) declined, influenced by a surge in the prices of its feedstock, Ammonia and Ethanol. This increase in raw material costs impacted TEA pricing dynamics. Market observers foresee ongoing destocking efforts, limiting fresh accumulations due to excess inventories. Furthermore, reduced demand across downstream sectors has resulted in an imbalance between supply and demand, further contributing to inventory surplus. These factors collectively have notably affected TEA demand within the market, highlighting the intricate interplay between feedstock costs, inventory management, and overall market demand in shaping TEA pricing trends.
In the European market, TEA saw a significant surge in price during the first half of April. This surge contrasts with the previous trend, which indicated a decline in TEA prices due to destocking efforts observed until November. Despite this recent price increase, Germany&#xx;s Consumer Price Index (CPI) rose to xxx.xx points in...
