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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.
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Updated to Q2 2016
European methyl ethyl ketone (MEK) prices have been stable-to-soft in Q2 as a result of weak overall demand combined with good availability.
Downstream spot demand has been low in early 2016, which some players attributed to a weak distribution market for MEK as a result of increased interest in direct buying from producers.
Combined with good availability from all of the major European producers, this has led to an overall weaker trend in prices in Q1-Q2.
However, decreases were not as steep as in Q1 2016/late 2015, when prices saw a serious drop due to very poor demand. Furthermore, MEK levels has stabilized since mid-May and decreases have largely come to an end.
The combination of falling MEK prices with firmer feedstock prices, including crude oil and naphtha which have generally trended upwards, has led to declining margins for producers for MEK.
ICIS provides pricing information, news and analysis for all major petrochemical and chemical markets, including Methyl ethyl ketone.
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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. Confirmed deals, verified by both buyer and seller, provide the foundation of our price assessments, giving you a robust reference for your negotiations.
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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.
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.