12 January 2010 21:49 [Source: ICIS news]
HOUSTON (ICIS news)--US imports of methyl ethyl ketone (MEK) rose in November to 6,210 tonnes, an increase of 64% from 3,793 tonnes during the same month in 2008, according to US International Trade Commission (ITC) data released on Tuesday.
November 2009 imports were also up by 23% from 5,033 tonnes during the previous month, the ITC said.
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Although the domestic MEK market was relatively balanced, interest in imports was heightened by lower import prices, sources said.
November exports were up by 124% versus the year-ago period, but by only 29% from the previous month. The top export destinations were
Current US prices for MEK were 64-68 cents/lb ($1,411-1,499/tonne, €974-1,034/tonne), according to global chemical market intelligence service ICIS pricing
US MEK producers include Shell Chemicals and ExxonMobil.
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