Chemical Price | Prices | Pricing | Monitoring | ChemAnalyst

For the Quarter Ending September 2023 North America: Throughout the third quarter of 2023, the North American  Ethylenediamine (EDA)  market experienced a consistent decline in prices. In July, EDA prices notably decreased, primarily due to an excess of product inventory and intense competition among suppliers. The market became saturated with an abundance of EDA, resulting in an imbalance between supply and demand. Consequently, prices dropped as producers and suppliers fiercely competed to capture market share. This decline was further influenced by the continuous downward trajectory in the cost of the raw material, Ethylene, throughout July. Lower raw material expenses translated into decreased production costs for EDA in August, leading to reduced import expenses in the North American market. Despite positive trends in the North American automobile market during this period, the price of Ethylenediamine continued to decline due to reduced production costs. Overall, the thi...