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 2015
European methyl ethyl ketone (MEK) spot prices trended downwards as the market rebalanced itself in the early part of the second quarter (Q2), but began to move up again in late May as availability tightened due to production constraints.
Availability steadily improved from early April to mid-May following severe restrictions from Q4 2014-Q1 2015, resulting in a strong decrease in average prices from €1,250/tonne FD (free delivered) northwest Europe (NWE) at the beginning of the quarter to a low point of €1,135/tonne FD NWE on 12 May.
However, towards the end of May producer INEOS and another major supplier began to suffer from shortages of material due to constraints on the supply of upstream raffinate 2, according to sources in the market. As a result, spot prices began to trend upwards.
Prices were assessed at €1,280-1,315/tonne FD NWE on 23 June, putting them somewhat above the early April price of €1,230-1,270/tonne FD NWE. Players have described demand in June as at the expected level for the time of year.
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.
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.
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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.