Methyl ethyl ketone Prices, markets & analysis
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Methyl ethyl ketone Europe Transcript
The European methyl ethyl ketone (MEK) report is published weekly on Fridays. Now, we talk to all the producers, buyers, traders. It is a distribution led market, but that doesn't limit the number of sources we talk to because we feel it is important to get a range of views from across the market so that we really have a holistic picture.
We think that it is important to our subscribers as well, so they know that the knowledge that we have and the information we put into the report is both timely and accurate and goes to a deep level. It means that we can investigate the niche corners of the market and really get a whole picture for what is going on and why.
Methyl ethyl ketone news and market information products from ICIS
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Updated to Q2 2014
Events in the methyl ethyl ketone (MEK) market are still being affected by the force majeure at Sasol in Q3 of 2013, with prices having only gradually decreased back to levels seen before the price spike.
Towards the beginning of Q2 the price of MEK continued to fall, although at a slow rate, with decreases being only around €10/tonne.
Around the end of April, the price decline halted as the market began to come back into balance. There was a small price uptick at the beginning of June on the back of feedstock hikes, but MEK has been stable since then at €1,200-1,240/tonne FD NWE.
Demand in the market is still reportedly low, although some producers have reported an increase, and availability remains high, which has led some players to speculate that further price reductions could occur in the future.
Ineos Enterprises acquired Sasol’s European solvents business early on in June, including its MEK production facility at
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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.
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