In mid-August, the price of Triethylamine (TEA) in the US market experienced a significant increase. This rise in the TEA price is primarily linked to the higher cost of Ammonia, a key feedstock for TEA production, while Ethanol prices remained stable, contributing to the overall cost dynamics. The surge in TEA prices is further supported by improved performance in the downstream Agrochemical and Pharmaceutical sectors. Enhanced activity and growth in these sectors have led to increased demand for TEA, as it is a crucial component in various formulations and processes. As a result, these combined factors have driven up TEA prices in the US market, reflecting the interplay between feedstock costs and robust end-user demand.
This week, the price of TEA in the US market experienced an increase at xxxx USD/MT FOB-Texas. In the feedstock market, Ammonia prices saw a notable...
