Methyl ethyl ketone Prices, markets & analysis
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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News & Analysis - News & market analysis specifically relating to Methyl ethyl ketone
Breaking news of latest developments affecting the markets.
Insight and analysis of factors driving prices.
Updated to Q3 2014
US methyl ethyl ketone (MEK) prices in the third quarter of 2014 continued their upward climb. MEK domestic prices are at their highest levels in more than two years, hitting 95-97 cents/lb ($2,094-2,138 tonne).
Domestic prices for MEK have risen 25% since January, from 77 cents/lb to 97 cents. The last time MEK was that high was in May 2012, when MEK hit 97 cents.
MEK increases have been driven by two things: strong demand from the fibreglass and coatings industry, and tight supply. Supply-chain and production issues by producers have tightened the market.
In addition, prices for feedstock ethylene in the third quarter climbed.
Meanwhile, MEK imports more than doubled year on year in July, according to data made available by the US International Trade Commission (ITC). MEK imports rose to 10,570 tonnes in July 2014, up from 4,322 tonnes the same period in 2013.
As the fourth quarter begins, it’s possible, sources said, that MEK could see slightly higher prices. But market participants warn that MEK may have hit its peak, and could see a correction towards the end of the 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.
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