Methyl isobutyl ketone Prices, markets & analysis
With a network of price reporters across Asia, Europe and the US, ICIS is fully equipped to keep you updated on everything that happens in the global Methyl isobutyl ketone market, whether you buy or sell Methyl isobutyl ketone or related products.
From daily and weekly reports containing price assessments obtained by our network of local reporters, to the news and analysis that put the market into focus, we provide the tools you need to make confident business decisions.
Methyl isobutyl ketone Overview Transcript
MIBK is methyl isobutyl ketone. It is a solvent that is derived from acetone and other chemicals. It goes into a wide range of applications from consumer goods and pesticides, pharmaceuticals to industrial uses such as the production of paints, rubber products and machinery.
Some of the household products containing MIBK include things like surface cleaners, laundry starch, spray paint, shoe polish, varnish and so on.
The big commercial applications would be in the paints and coatings sector so the housing and construction industries and automobile sectors are really quite important to MIBK demand. In the last couple of years, those areas have not been doing so well. So, we consider MIBK to be a fairly mature market
How we can help
Methyl isobutyl ketone news and market information products from ICIS
We offer the following regional Methyl isobutyl ketone analysis and news coverage to keep you informed of factors and developments affecting prices in the Methyl isobutyl ketone marketplace.
Price Reporting – More information about the price reports we publish on Methyl isobutyl ketone
Independent price assessments and market coverage by region
Price History – More information about the historical price data we publish on Methyl isobutyl ketone
Track historical price data
News & analysis
News & Analysis - News & market analysis specifically relating to Methyl isobutyl ketone
Breaking news of latest developments affecting the markets.
Insight and analysis of factors driving prices.
Methyl isobutyl ketone: Market overview
Asia’s methyl isobutyl ketone (MIBK) prices are poised for decreases in the first quarter of 2014 on the back of weak demand from downstream solvent applications and rubber tyre sectors and the seasonal lull during the Lunar New Year holiday, industry sources said. Demand may improve after mid-February when buyers return to work after the holiday, market sources said. In southeast Asia, market sentiments are also affected by the weak regional currencies and political uncertainty in some countries. Most buyers remain cautious in their purchasing decisions until elections are over.
MIBK prices are at their lowest prices since February 2013 with a general downward trend expected going into the first quarter of 2014. Consumption of MIBK is unlikely to see any huge increase, if any at all, because of a weak macroeconomic environment. However, some sources said it is too early in the year for any clear indication on demand and the market is also awaiting news of a potential feedstock acetone price increase to assess the price trajectory.
It remains to be seen whether several producers of US MIBK will implement price increases during the first quarter of 2014. Several producers are asking for increases, which are tied to higher costs of feedstock propylene. However, sources in the US market have said that MIBK has been balanced enough to not warrant significant increases. MIBK players in the US are also keeping an eye on truck acetone contract prices, which appear poised for increases. Several acetone price increase nominations were made for December, in the range of 4-10 cents/lb.
Updated to mid-Jan 2014
News & analysis
Methyl isobutyl ketone news & analysis
Regional price assessments, published daily or weekly, enabling you to keep track of trading prices, understand price drivers/fluctuations and set a benchmark for contract price settlements. ICIS offers reports on over 180 commodities across the global petrochemical, energy and fertilizer markets. Information covered in our price reports includes:
- Spot and contract price assessments
- Market commentary on trends and developments
- Transactions reported and confirmed
- Plant and production news
Information is accessed online, via the ICIS dashboard service and is configurable to suit your preferences.
Price forecast services
Produced by the ICIS Consulting team, these reports give a robust rolling 12-month price forecast, trade balances and in-depth analysis into where markets are heading – providing a valuable tool to support your short- to medium-term plans.
Dashboard – Easy access to ICIS pricing data
ICIS pricing intelligence is delivered to you online via the ICIS dashboard. Here you can view your reports and also access other useful services including related news, analysis, historical data and market alerts.
ICIS dashboard also makes it easy for you to create pricing charts, download price history and export data to create tailored analytical models.
ICIS weekly margin reports deliver the detail you need to understand how production costs and prices are affecting margins, enabling you to judge the likely impact on your business and optimise your upstream and downstream business decisions.
Supply and Demand Window on ICIS Dashboard
The Supply and Demand Window on the ICIS Dashboard provides a snapshot view of historical and forecast information for supply and demand, production capacity and trade flows – a key tool to help safeguard future investments within the chemicals market.
24-hour global coverage of breaking news in the petrochemical industry, including updates on production, shutdowns and key transacted deals, keeping you informed of market developments as they happen. The ICIS news service allows you to customise the market alerts delivered to your email inbox, providing the business-critical information you need straightaway.
ICIS Chemical Business magazine
If you want to keep updated on the factors driving price movements in the global chemical markets, ICIS Chemical Business provides a summary of the information you need to support your business decisions. Every week, our global team of experts digests and summarises the key issues and their potential impact on the market – all in one magazine.
Market Studies & Analysis
ICIS publishes global annual studies, as well as dedicated reports on domestic China markets, which will help you navigate the complex petrochemical, oil and gas industries in the medium-to-long term. Our studies and reports provide expert analysis and forecast data on supply, demand, production and capacity for specific markets.
Supply & Demand Data
An expert view of supply and demand comprising four fully-reconciled databases, giving you access to extensive data for more than 100 markets. Information is included on global and regional trade flows, production, capacity and sources of demand in the short-, medium- and long-term. Data can be downloaded, customised and queried to support your planning requirements and your strategic decisions.
Training & Conferences
ICIS provides specialist training courses across the global petrochemicals, base oils and fertilizers industries. Our training team of industry experts can help you increase your knowledge of the industry and gain the insight and know-how needed to operate and trade effectively.
Find out more about ICIS training courses >>
ICIS produces a series of highly informative and timely conferences. Extensive research is carried out to ensure that each programme delivers the information you need and addresses current industry issues. We source speakers who have the appropriate expertise and experience to deliver excellent quality papers.
Find out more about ICIS conferences >>
Working closely with you to understand your strategies, challenges and ambitions, the ICIS consulting team deliver tailored advice and solutions to suit your unique requirements. With many years’ experience of guiding business leadership teams, we show you how market conditions can make a positive or negative impact on your long-term plans.
ICIS expert consultants can provide your organisation with the insight, intelligence and data needed to build and grow your business in China. We can help you to gain a clear view on the short and long-term supply and demand picture in the chemicals, energy, iron and steel, non-ferrous metals and paper and pulp markets in China.
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 isobutyl 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.
Methyl Isobutyl Ketone Methodology
About Methyl isobutyl ketone
Methyl isobutyl ketone (MIBK) is an excellent solvent for resins used in the production of surface coatings. The main solvent applications are in transportation, refurnishing and marine coatings, construction coatings, wood coatings and metal coatings.
MIBK is also used in rubber chemicals for the production of tyres, as a solvent in the manufacture of pharmaceuticals and adhesives, and for specialised metallurgical extraction.
The two main processes for making MIBK are from acetone condensation and isopropanol (IPA).
MIBK is a colourless liquid with a characteristic ketone odour. It is highly flammable and vapours may travel to the source of ignition and flashback.