Methyl ethyl ketone Prices, markets & analysis
ICIS provides independent and unbiased pricing information, news and market analysis for the global Methyl ethyl ketone market. Our network of price reporters, based in Asia, Europe and the US, deliver local insight for each of these markets, which is published in our individual weekly and daily price reports.
If you buy or sell Methyl ethyl ketone or related products, our reports, news and market intelligence will give you the prices and analysis of the factors driving the prices that you need to make confident commercial decisions.
Our editor gives their expert view
Methyl ethyl ketone Overview transcript
Methyl ethyl ketone or MEK is a solvent used mainly in paints and coatings and adhesives. It is also found in household products such as lacquer, varnishes, and paint remover.
Japan, Taiwan, China and the US are key exporters to markets such as South Korea, Indonesia and Thailand. Most sellers outside of China have long-term supply contracts, with distributors across Asia, and prices are usually settled on a monthly basis.
The Chinese tend to be spot sellers and any big swings in their supply can quickly impact regional prices.
The predominance of long-term supply agreements has done little to keep Asian prices stable in recent years, with demand growth outstripping capacity expansions in Asia, any tightening in supply due to plant shutdowns can effect prices significantly.
How we can help
Methyl ethyl ketone news and market information products from ICIS
We offer the following regional Methyl ethyl ketone analysis and news coverage to keep you informed of factors and developments affecting prices in the Methyl ethyl ketone marketplace.
Price Reporting – More information about the price reports we publish on Methyl ethyl ketone
Independent price assessments and market coverage by region
Price History – More information about the historical price data we publish on Methyl ethyl ketone
Track historical price data
News & analysis
News & Analysis - News & market analysis specifically relating to Methyl ethyl ketone
Breaking news of latest developments affecting the markets.
Insight and analysis of factors driving prices.
Methyl ethyl ketone: Market overview
Prices across Asia, Europe and the US are expected to be stable-to-strong in the first quarter.
Asian prices are expected to retain its uptrend in the first quarter of 2014 due to the tight supply. Major producers in Asia outside of China have not resumed their full production level because of a shortage in feedstock butane (C4) while major producers in China have largely catered to the domestic market for higher price realisation.
In Europe, demand is set to be healthy in January due to restocking. However, a long-term downward demand trajectory is expected due to poor macroeconomic conditions for the rest of the quarter. The current price, at 18-month high, is expected to undergo a correction following the end of the force majeure at a plant in Germany.
Prices in the US are expected to be firm amid rising feedstock ethylene prices during the first quarter. Due to the tight supply in Asia, some US producers may plan to sell more cargoes to Asia, thereby tightening the supply and exerting a price uptrend in the US as well.
Updated to mid-Jan 2014
News & analysis
Methyl ethyl ketone news & analysis
Regional price assessments, published daily or weekly, enabling you to keep track of trading prices, understand price drivers/fluctuations and set a benchmark for contract price settlements. ICIS offers reports on over 180 commodities across the global petrochemical, energy and fertilizer markets. Information covered in our price reports includes:
- Spot and contract price assessments
- Market commentary on trends and developments
- Transactions reported and confirmed
- Plant and production news
Information is accessed online, via the ICIS dashboard service and is configurable to suit your preferences.
Price forecast services
Produced by the ICIS Consulting team, these reports give a robust rolling 12-month price forecast, trade balances and in-depth analysis into where markets are heading – providing a valuable tool to support your short- to medium-term plans.
Dashboard – Easy access to ICIS pricing data
ICIS pricing intelligence is delivered to you online via the ICIS dashboard. Here you can view your reports and also access other useful services including related news, analysis, historical data and market alerts.
ICIS dashboard also makes it easy for you to create pricing charts, download price history and export data to create tailored analytical models.
ICIS weekly margin reports deliver the detail you need to understand how production costs and prices are affecting margins, enabling you to judge the likely impact on your business and optimise your upstream and downstream business decisions.
Supply and Demand Window on ICIS Dashboard
The Supply and Demand Window on the ICIS Dashboard provides a snapshot view of historical and forecast information for supply and demand, production capacity and trade flows – a key tool to help safeguard future investments within the chemicals market.
24-hour global coverage of breaking news in the petrochemical industry, including updates on production, shutdowns and key transacted deals, keeping you informed of market developments as they happen. The ICIS news service allows you to customise the market alerts delivered to your email inbox, providing the business-critical information you need straightaway.
ICIS Chemical Business magazine
If you want to keep updated on the factors driving price movements in the global chemical markets, ICIS Chemical Business provides a summary of the information you need to support your business decisions. Every week, our global team of experts digests and summarises the key issues and their potential impact on the market – all in one magazine.
Market Studies & Analysis
ICIS publishes global annual studies, as well as dedicated reports on domestic China markets, which will help you navigate the complex petrochemical, oil and gas industries in the medium-to-long term. Our studies and reports provide expert analysis and forecast data on supply, demand, production and capacity for specific markets.
Supply & Demand Data
An expert view of supply and demand comprising four fully-reconciled databases, giving you access to extensive data for more than 100 markets. Information is included on global and regional trade flows, production, capacity and sources of demand in the short-, medium- and long-term. Data can be downloaded, customised and queried to support your planning requirements and your strategic decisions.
Training & Conferences
ICIS provides specialist training courses across the global petrochemicals, base oils and fertilizers industries. Our training team of industry experts can help you increase your knowledge of the industry and gain the insight and know-how needed to operate and trade effectively.
Find out more about ICIS training courses >>
ICIS produces a series of highly informative and timely conferences. Extensive research is carried out to ensure that each programme delivers the information you need and addresses current industry issues. We source speakers who have the appropriate expertise and experience to deliver excellent quality papers.
Find out more about ICIS conferences >>
Working closely with you to understand your strategies, challenges and ambitions, the ICIS consulting team deliver tailored advice and solutions to suit your unique requirements. With many years’ experience of guiding business leadership teams, we show you how market conditions can make a positive or negative impact on your long-term plans.
ICIS expert consultants can provide your organisation with the insight, intelligence and data needed to build and grow your business in China. We can help you to gain a clear view on the short and long-term supply and demand picture in the chemicals, energy, iron and steel, non-ferrous metals and paper and pulp markets in China.
ICIS price assessments are based on information gathered from a wide cross-section of the market, comprising consumers, producers, traders and distributors from more than 250 reporters world-wide. Confirmed deals, verified by both buyer and seller, provide the foundation of our price assessments.
Our in-depth market knowledge drives our specialist focus, as we recognise the importance of individual market dynamics and not a one-size-fits-all approach.
Over 25 years of reporting on key chemicals markets, including Methyl ethyl ketone, has brought global recognition of our methodology as being unbiased, authoritative and rigorous in preserving our editorial integrity. Our global network of reporters in Houston, London, Singapore, Shanghai, Guangzhou, Mumbai, Perth and Moscow ensures unrivalled coverage of established and emerging markets.
Methyl Ethyl Ketone Methodology
About Methyl ethyl ketone
Methyl ethyl ketone (MEK) is a colourless, mobile, flammable liquid with an acetone like odour. It is soluble in ethyl alcohol, benzene, ether and acetone, and miscible with oils. It is also a fast-evaporating active solvent with an evaporation rate similar to ethyl acetate.
The main application for MEK is as a low-boiling solvent for nitrocellulose, acrylic and vinyl surface coatings. Around half of global MEK demand is derived from the paints and coatings industry. Its advantage is that low viscosity solutions can be obtained, having a high solids content, without affecting the film properties. These lacquers are used in the automotive, electrical goods and furniture industries.
MEK can also be used in rubber-based industrial cements and printing inks. Its fast evaporation rate makes it popular for rubber-based industrial cements, low-temperature bonding agents and as an azeotropic separation solvent for printing inks. It is also a component of the solvent system used in producing magnetic tape.
MEK is also a solvent required for the polymerisation processing of polystyrene, acrylonitrile-butadiene-styrene (ABS), and styrene-butadiene-rubber (SBR).