Ethylenediamine Price in India

• India: 145510 INR/MT

In December 2023, the price of ethylenediamine in India hit 145510 INR/MT for Q4.

The latest report by IMARC Group, titled "Ethylenediamine Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data," provides a thorough examination of ethylenediamine prices. This report delves into globally, presenting a detailed analysis, along with informative price chart. Through comprehensive price analysis, the report sheds light on the key factors influencing these trends. Additionally, it includes historical data to offer context and depth to the current pricing landscape. The report also explores the demand, analyzing how it impacts market dynamics. To aid in strategic planning, the price forecast section provides insights into price forecast, making this report an invaluable resource for industry stakeholders.

Report Offering:

• Monthly Updates: Annual Subscription
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The study delves into the factors affecting ethylenediamine price variations, including alterations in the cost of raw materials, the balance of supply and demand, geopolitical influences, and sector-specific developments.

The report also incorporates the most recent updates from the market, equipping stakeholders with the latest information on market fluctuations, regulatory modifications, and technological progress. It serves as an exhaustive resource for stakeholders, enhancing strategic planning and forecast capabilities.

Request For a Sample Copy of the Report: https://www.imarcgroup.com/ethylenediamine-pricing-report/requestsample

Ethylenediamine Price Trend- Last Quarter

Ethylenediamine (EDA) is an organic compound with the formula C₂H₄(NH₂) ₂, characterized by two amine groups connected by an ethylene chain. It is a colorless liquid with an ammonia-like odor and is highly soluble in water. EDA plays a critical role in various industrial applications, particularly as a building block for the synthesis of other chemicals. It is widely used in the production of detergents, adhesives, and chelating agents.

Its chelating properties make it valuable for binding metal ions, which is beneficial in water treatment and metal plating processes. EDA is also a key ingredient in the manufacture of pharmaceuticals, including antihistamines and antibiotics. In addition, it is used as a curing agent for epoxy resins, which are essential in coatings and adhesives. However, handling ethylenediamine requires caution as it is toxic and can cause skin and respiratory irritation. Its volatility and reactivity with oxidizing agents necessitate proper storage and handling procedures. Despite these hazards, the versatility of ethylenediamine in industrial applications makes it an important chemical in manufacturing processes across multiple sectors.

Ethylenediamine Industry Analysis

The North America EDA market faced a price drop due to an excess in the market. The decline in costs of production, driven by reduced prices for key feedstocks such as ethylene dichloride (EDC) and Ammonia, further led to the downward trend. Reduced cost of feedstock led to lesser expenditure during manufacturing procedures, intensifying the bearish market conditions. The excess availability of EDA created a supply-demand mismatch, forcing market participants to reduce their prices in order to clear surplus inventory. This excess issue was exacerbated by flat production rates, which kept inventories high.

Whereas the ethylenediamine (EDA) market in Asia-Pacific experienced a significant drop in prices, driven by several factors. An abundant supply, decreased demand from key industries like automotive, adhesives, and pharmaceuticals, along with heightened global competition, contributed to this decline. The broader economic slowdown across various sectors, coupled with reduced international bidding, further pushed prices down. Excess supply and lower production due to weak demand increased downward pressure, particularly in India, where inventory levels surged, and demand remained low, creating a bearish market outlook. Seasonal manufacturing slowdowns and continuing financial challenges also resulted in the price reduction significantly compared to the previous year, showcasing the regional trend.

The Europe ethylenediamine (EDA) market saw a downward trend, driven primarily by modest yet limited demand from the agrochemical industry and ample stock availability. Although demand remained steady, consumption did not see notable growth owing to the current harvest time of the year, which typically reduces the need for agriculture responses. The combination of moderate demand and sufficient inventory levels allowed leading players to adopt a restrained pricing approach.

Since existing supplies were adequate to meet the stable but restrained demand, there was little incentive for any significant price variations. Furthermore, production costs dropped as feedstock prices for ethylene dichloride and ammonia declined, further reducing manufacturing expenses. These lower costs, coupled with steady demand, contributed to a bearish market outlook, negating the necessity for price increases.

Regional Price Analysis:

• Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, Australia, and New Zealand
• Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland, Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal, and Greece
• North America: United States and Canada
• Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru
• Middle East & Africa: Saudi Arabia, UAE, Israel, Iran, South Africa, Nigeria, Oman, Kuwait, Qatar, Iraq, Egypt, Algeria, and Morocco

Note: The current country list is selective, detailed insights into additional countries can be obtained for clients upon request.

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