For clear insight into regional Methyl ethyl ketone markets, you need in-depth price reports direct from those regions.
That’s why ICIS maintains a network of locally based reporters, providing not just price assessments but market commentary and analysis.
Use ICIS information to:
- Follow fluctuations and understand factors driving them
- Input into your own internal analytical models
- Clarify settlements and contracts
- Inform negotiations
Our editor gives their expert view
Methyl ethyl ketone US Transcript
The weekly ICIS report on the US Gulf (USG) market for methyl ethyl ketone (MEK) includes a range for delivered price and domestic market east of the Rocky Mountains. That range usually moves every month or so, but changes can happen more often if market conditions are volatile.
The report also has two ranges for spot prices, one for free on board (FOB) exports and one for FOB ex-tank sales.
The spot prices usually move more often than the domestic price and the report tracks these movements on a week by week basis. To determine what the ranges are, we contact buyers, sellers and traders to get their input on current pricing, and also take into account a broad look at all the factors influencing the market.
This means the report includes news on developments in the upstream markets and the big picture of what is going on in the end use sectors.
A very important part of the report is what is going on with production, because plant shutdowns can have an immediate and significant impact on the pricing as supply tightens up.
We also track developments in MEK trade flows to keep tabs on that side of the supply situation. It is an excellent report for delivering price transparency and explaining the reasons behind how prices are behaving.
Subscribers really need to know the dynamics of the market to be able to make their own decisions on buying and selling and this report gives them the information they need.
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 US Methyl ethyl ketone marketplace.
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Updated to Q2 2016
US methyl ethyl ketone (MEK) fell further in Q2 2016, reaching new historic lows, but higher values may be forthcoming as suppliers are pushing separately for increases.
ExxonMobil wants a three-cent/lb ($66/tonne) increase effective 25 June. Shell Chemical seeks a three- cent/lb hike for 5 July.
US MEK values ended Q2 down five cents/lb, continuing a steady descent that has lasted for more than a year.
One of the main reasons is competition from cheaper material being imported from Asia. However, the latest US government trade data may indicate a change as there was a dramatic reduction in material imported from Asia in January.
Domestic product prices are at their lowest level since ICIS began quoting the US MEK DEL (delivered) price on 15 May 2009. The spot price is at its lowest since June 2004.
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.
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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.