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China and Germany are the leading exporters of (2-Hydroxyethyl)ethylenediamine, accounting for the largest shares of global shipments in recent years, while the United States, South Korea, and India represent the top importing markets. Trade volumes have remained relatively stable since 2022, with modest growth in imports by India and South Korea coinciding with steady upward pressure on (2-Hydroxyethyl)ethylenediamine prices.
Recent Market Dynamics Intelligence for the Commodity Market
1. Price Trends
- Over the past week, the market price of Hydroxyethyl ethylenediamine (HEEDA) has shown a slight upward fluctuation. The mainstream transaction price in the East China region increased from 12,500 CNY/ton to 12,800 CNY/ton, representing a rise of approximately 2.4%. In the South China region, the price rose from 12,600 CNY/ton to 12,950 CNY/ton, an increase of about 2.8%.
- The price fluctuations are primarily influenced by changes in raw material costs and minor adjustments in market supply and demand relationships.
2. Raw Material Market Conditions
- The price of the main raw material, ethylene oxide, has recently shown a stable upward trend. Within the past week, the ethylene oxide price in the East China region increased from 7,200 CNY/ton to 7,300 CNY/ton. The rise in raw material prices has increased the production cost of HEEDA, thereby pushing its price upward.
- The market supply of the other raw material, ethylenediamine, remains relatively stable with minimal price fluctuations, exerting limited impact on the cost side of HEEDA.
3. Supply Situation
- The overall operating rate of domestic HEEDA production enterprises remains stable, maintained at approximately 75% - 80%. Although production output has slightly decreased in some enterprises due to equipment maintenance, there is no significant shortage in the overall market supply.
- On the import side, there have been no significant changes in import volumes recently; market supply relies primarily on domestic production.
4. Demand Situation
- Demand from downstream industries remains steady. There have been no significant fluctuations in demand for HEEDA from industries such as surfactants and pharmaceutical intermediates.
- Some downstream enterprises, benefiting from good order conditions, have certain restocking needs. However, procurement remains cautious, with purchases made mainly on an as-needed basis, and no large-scale stockpiling has been observed.
5. Market Sentiment
- Traders hold a relatively optimistic outlook, believing that rising raw material costs and stable downstream demand will provide support for prices. Some traders exhibit a tendency to hold back sales.
- Downstream enterprises show a certain degree of resistance to continued price increases, and their procurement enthusiasm has decreased due to price factors.
Analysis and Judgment
1. Cost Push: The increase in ethylene oxide prices has directly raised the production cost of HEEDA, serving as the primary driver for the recent slight price increase. If ethylene oxide prices continue to rise, they will provide further support for HEEDA prices.
2. Supply-Demand Relationship: The current market supply and demand are essentially balanced. Although there is a slight decrease in production from some suppliers on the supply side, the overall impact is minimal. On the demand side, performance is stable, with downstream customers purchasing as needed. There is no significant imbalance in supply and demand; price fluctuations are mainly influenced by costs and market expectations.
3. Impact of Market Sentiment: The interplay between traders' reluctance to sell and downstream enterprises' resistance affects the market transaction pace and price trends to some extent. Traders' optimistic sentiment pushes prices upward, while downstream enterprises' resistance limits the room for price increases.
Forecast
1. Short-term Forecast (1 - 2 weeks): HEEDA prices are expected to continue a slight upward fluctuation. Ethylene oxide prices are likely to remain stable or continue to rise slightly in the short term, maintaining cost support. Although downstream enterprises resist price increases, rigid demand persists, and significant changes in the supply-demand relationship are unlikely. Prices may fluctuate in the range of 12,800 - 13,200 CNY/ton.
2. Medium-term Forecast (1 - 3 months): If raw material prices continue to rise or downstream industry demand shows significant growth, HEEDA prices may further increase. However, if raw material prices fall or downstream enterprises reduce procurement due to cost pressures, prices may experience a pullback. Close attention should be paid to raw material market dynamics and downstream industry demand changes. Overall, medium-term prices are expected to operate in the range of 12,500 - 13,500 CNY/ton.
(2-Hydroxyethyl)ethylenediamine is a colorless to pale yellow, hygroscopic liquid with a characteristic amine odor and moderate volatility. It is a bifunctional aliphatic amine—containing both primary and secondary amine groups as well as a hydroxyl group—and is classified as an organic chemical intermediate. Its reactivity profile makes it valuable in the synthesis of chelating agents, corrosion inhibitors, and functionalized polymers. It is widely used as a building block in agrochemicals (e.g., herbicides and plant growth regulators), pharmaceuticals (e.g., drug conjugates and excipients), and specialty coatings and adhesives where tailored amine functionality is required.
Textile finishing compounds (antifumingagents, dyestuffs, cationic surfactants), resins, rubber products, insecticides, and certain medicinals.
Aminoethylethanolamine is combustible, colorless, liquid with an ammonia-like odor.
This chemical is included in Fine Chemicals. See more about what is (2-Hydroxyethyl)ethylenediamine and (2-Hydroxyethyl)ethylenediamine SDS information.
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