Methyl ethyl ketone Prices, markets & analysis
ICIS has a network of locally based reporters providing coverage of regional Methyl ethyl ketone markets. They provide not just pricing information, but an in-depth understanding of the factors driving prices and market fluctuations.
Whichever regional markets you need to track, our independent price assessments and market coverage will keep you fully up-to-date so you can always negotiate with confidence.
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- Develop internal analytical models
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- Optimise deals and negotiations
Methyl ethyl ketone Asia Transcript
ICIS publishes a weekly methyl ethyl ketone (MEK) report in Asia. The report carries two cost and freight (CFR) quotes that track import prices of MEK in northeast Asia (NE Asia) and southeast Asia (SE Asia).
South Korea is the main market in NE Asia, while Indonesia, Malaysia and Thailand are the key SE Asian markets.
The price assessment is based on bulk shipments ranging from 200 to 500 tonnes in southeast Asia and 500 to 1000 tonnes in South Korea.
Details of bids, offers and transactions are outlined in the commentary after excessive contact with producers, traders and distributors active in the market.
We also track Chinese domestic prices which have a strong bearing on China’s monthly exports. The Chinese are mostly spot sellers and they are quick to cut exports if the domestic market is more lucrative.
Given the importance of supply site information, the latest market intelligence on planned shutdowns is provided.
ICIS has covered the Asian MEK market for over 15 years and our reports are essential to our customers as it provides accurate and trustworthy information which is crucial to make key business decisions.
Methyl ethyl ketone news and market information products from ICIS
We offer the following regional Methyl ethyl ketone coverage to keep you informed of factors and developments affecting prices in the Asia Methyl ethyl ketone marketplace.
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News & Analysis - News & market analysis specifically relating to Methyl ethyl ketone
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Insight and analysis of factors driving prices.
Methyl ethyl ketone (MEK) spot prices rose from $1,220-1,230/tonne CFR (cost & freight) NE (northeast) Asia in August to $1,320-$1,340/tonne CFR NE Asia in mid-November. In southeast Asia, prices rose from $1,230-1,250/tonne CFR SE (southeast) Asia in August to $1,340-1,350 CFR SE Asia in mid-November.
Although MEK demand traditionally wanes in the last quarter of the year, the tight supply in Asia has pushed prices upwards. Due to a shortage of the raw material, butylene (C4), two Japanese producers have reduced MEK production, with one having halted its exports till end-November. A Taiwanese producer has also halted its exports until December, while Chinese producers have prioritised selling cargoes in their domestic market, because it was more lucrative than selling in the export market.
Buyers have displayed resistance to sellers’ price hike efforts towards the end of the year, with many either purchasing on a need-to basis and turning to the cheaper alternative, ethyl acetate.
Updated to mid-November 2013
ICIS provides pricing information, news and analysis for all major petrochemical and chemical markets, including Methyl ethyl ketone.
We offer unbiased and independent price reporting, with our price assessments being widely quoted as benchmarks in contracts.
Our information is collected from market participants by our global network of reporters, delivering unrivalled coverage of established and emerging markets, including China and Asia.
ICIS price assessments are based on information gathered from a wide cross section of the market, comprising consumers, producers, traders and distributors. Confirmed deals, verified by both buyer and seller, provide the foundation of our price assessments, giving you a robust reference for your negotiations.
ICIS collects pricing data on a wide range of chemical, energy and fertilizer products, including Methyl ethyl ketone. Our extensive experience in price reporting means we can offer you access to historical data dating back more than 20 years for certain commodities.
Our time series of pricing data enables you to build and model trends, to get a view of where markets might be heading. The data service includes charting functionality, allowing you to chart and download multiple data series for manipulation in your own internal models. You can also export data to Excel via the ICIS dashboard service.
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.