Chemicals, Olefins

February 20, 2024

Platts proposes to launch daily Asian ethanolamines spot assessment

Platts, part of S&P Global Commodity Insights, proposes to launch three daily ethanolamines -- monoethanolamine (MEA), diethanolamine (DEA) and triethanolamine (TEA) -- spot price assessments for Asia, effective April 1, 2024.

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

Details of the proposed assessments are as follows:

MEA DEA TEA
Basis and location: FOB Northeast Asia FOB Northeast Asia FOB Northeast Asia
FOB Southeast Asia FOB Southeast Asia FOB Southeast Asia
Cargo size 100-300 mt 100-300 mt 100-300 mt
Laycan Loading 20-30 days forward Loading 20-30 days forward Loading 20-30 days forward
UOM USD/mt USD/mt USD/mt
Product specifications: Min 99.0% purity Min 99.0% purity Min 99.0% purity

Market information with non-standard specifications may be considered and normalized to the stated standards.

Please send any questions, comments or feedback by March 5, 2024 to petchems@spglobal.com with a copy to pricegroup@spglobal.com.

For written comments, please provide a clear indication if they 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.