Chemicals, Olefins

February 16, 2024

Platts proposes to launch three European ethanolamines spot assessments

Platts, part of S&P Global Commodity Insights, is proposing to launch three daily ethanolamine spot price assessments for Northwest Europe, effective April 2.

The proposed assessments will be published in line with London publication schedule and based on the latest information sourced from the market up to the close of the Market on Close assessment process at 4:30pm London time.

Details of the proposed assessments are as follows:

Product specifications Monoethanolamine (MEA) Diethanolamine (DEA) Triethanolamine (TEA)
Purity: Min 99.0% Purity: Min 99.0% Purity: Min 99.0%
Color: Colorless Color: Colorless Color: Colorless
Basis and location: FCA Northwest Europe (basis ARA) FCA Northwest Europe (basis ARA) FCA Northwest Europe (basis ARA)
Size: 20-100mt 20-100mt 20-100mt
Laycan Delivered 5-30 days forward Delivered 5-30 days forward Delivered 5-30 days forward
UOM Euro/mt Euro/mt Euro/mt

All market information reported to Platts may be considered and will be published in real-time, including firm bids and offers, trades, and indicative values, as well as any other data deemed relevant to the assessment process.

Pricing information for material with other specifications and terms may be normalized accordingly.

Please send any comments or feedback by Feb. 28 to petchems@spglobal.com and pricegroup@spglobal.com.

For written comments, please provide a clear indication if comments are not intended for publication by Platts for public viewing.

Platts will consider all comments received and will make comments not marked as confidential available upon request.