European DETA Prices Surged Due to Supplier Inventory Accumulation Despite Lower Demand and Favorable Feedstock Prices

European DETA Prices Surged Due to Supplier Inventory Accumulation Despite Lower Demand and Favorable Feedstock Prices

Peter Schmidt 09-Jul-2024

In the European market, the price of Diethylenetriamine (DETA) exhibited a notable increase in June. This surge in the DETA price can be primarily attributed to the proactive actions of suppliers who are accumulating inventories. Despite the lower demand observed in the downstream market, where end-users are purchasing less DETA, and despite the favorable conditions for lower prices in the upstream feedstock markets, the overall inventory management in Europe has faced significant deficits. These deficits have driven suppliers to build up their stocks in anticipation of future demand or potential supply chain disruptions. Consequently, this accumulation strategy by suppliers has led to a bullish trend in DETA prices in the European market, contrasting with the softer demand and advantageous feedstock pricing conditions.

In the European market, particularly Germany, the price of the DETA witnessed notable increment in June. In the feedstock market, the price of the Ammonia...

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