With the end of March 2025, the Triethanolamine prices continued to decline in the US market due to consistently low feedstock Ethylene Oxide costs and increased stock volume. The recent Triethanolamine price has been influenced by persistent economic uncertainties and weak downstream construction sector demand. Moreover,  the downstream demand downturn resulted from the challenges in the housing sector, as homebuyers remained hesitant due to high mortgage rates and volatile financial markets. Meanwhile, downstream demand from the personal care sector also remained stable further limiting the Triethanolamine price momentum during this timeframe.

From the demand perspective, the Triethanolamine demand in the construction sector has been limited by the elevated mortgage rates despite a slight easing in mortgage rates from the previous peaks. This persistent dip in housing activity paused the new orders in the Triethanolamine market, as fewer new construction projects restricted Triethanolamine consumption in paints, coatings, and other chemical applications.  Meanwhile, the downstream personal care sector remained stable as market players yet to start the procurement for the upcoming seasonal consumption and opted to wait and see the approach for the time being.

Additionally, the rising uncertainty in the financial markets and potential tariffs have delayed stronger housing activity and full-scale recovery in the US domestic market. As a result, the constrained real estate activity, subsequently reduced demand for housing-related chemicals, including Triethanolamine.

Further, the Triethanolamine prices were pressured downward by the weak feedstock Ethylene Oxide prices throughout March 2025 in the US market. Moreover, it is expected that the US manufacturers to restart the Ethylene Oxide unit in May, which could impact the supply and manufacturing dynamics of Triethanolamine in the coming months.

In addition, the US administration has recently decided to impose a 25% import tariff on crude oil from Venezuela, which has also added to the uncertainty in the Triethanolamine upstream market. As a result, market participants are cautious, as this could imbalance broader trade disruptions, affecting raw material costs including Ethylene Oxide costs for Triethanolamine production.

As per ChemAnalyst, the Triethanolamine prices in the USA are expected to remain under downward pressure in the short term due to weak housing demand, sluggish real estate market, and stable upstream costs. Moreover, increasing economic uncertainties and cautious sentiments among global buyers restricted the potential rebound in the Triethanolamine price movement.  Meanwhile, the feedstock Ethylene Oxide prices are likely to follow a southward price trend prompting ease in the Triethanolamine price trend.