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
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
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In the methyl ethyl ketone (MEK) market, the first quarter was largely flat. Sources said that, as the first quarter ended, MEK suppliers were pushing material at lower prices. Indications are that the MEK is teetering between being balanced and being oversupplied.
Those conditions led to a 2-cent/lb drop for MEK in late March.
The MEK price drop came just as the paints and coatings season is poised to heat up. Harsh winter weather across the US delayed not only delivery of petrochemicals but also the start of the construction season. The construction season coincides with an uptick in the paints and coatings season. More than 60% of global MEK demand comes from the paints and coatings industry.
In addition, MEK is used in fibreglass, and a busy fibreglass season is also approaching.
Even with seasonal demand from two sectors, there is enough MEK in the market to prevent price increases, according to sources.
Updated to Q1 2014
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.
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