Methyl isobutyl ketone Prices, markets & analysis
For clear insight into regional Methyl isobutyl 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.
There’s no better way to stay up-to-speed with all the latest information that can make a difference to your business.
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 isobutyl ketone US Transcript
There are two price ranges in the weekly ICIS report on US Gulf methyl isobutyl ketone (MIBK). The first is the contract price which is settled between major buyers and sellers every month. That range is for product delivered east of the Rocky Mountains, and the range does not always move if the major market participants agree conditions are still stable.
The other range is the spot price which is assessed on an ex-tank basis, and can move around from week to week.
On top of the input we get from buyers, sellers and traders, we also look at other factors in the market like what’s going on with the feedstocks for MIBK and what is happening in the end use sectors as well.
Another important factor in the big picture is what’s going on with production. Because there are relatively few production assets for MIBK, in our region, a plant turn around or unplanned outage can really shake up the supply situation. So week keep tabs on all these developments and include that news the weekly report.
The ICIS report is a great help because it gives buyers and sellers a credible view of where prices are and it lifts the lid on things that are going on in the market and gives players solid reasons for any price movements.
That kind of comprehensive information gives subscribers confidence as they move ahead with their own decisions.
Methyl isobutyl ketone news and market information products from ICIS
We offer the following regional Methyl isobutyl ketone coverage to keep you informed of factors and developments affecting prices in the US Methyl isobutyl ketone marketplace.
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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.
US methyl isobutyl ketone (MIBK) prices remained flat from May-August, despite price increase announcements by major US producers.
In July, Eastman Chemical and two other US MIBK producers announced 3 cent/lb ($66/tonne) price nominations. In their announcements, the company cited increased costs in raw materials as reasons for the higher prices.
However, those producers never actually raised prices, leading to speculation that they were merely floating the idea to see what the market sentiment was. The market answered soundly: no one bought the increases, and they were soon rescinded by each company.
MIBK is an active solvent for many synthetic resins, including cellulosics, vinyl copolymers and epoxies. It is also used as an intermediate in the production of synthetic rubber chemicals. MIBK is also used in the pharmaceutical and semiconductor industries.
Updated to mid-August 2013
ICIS provides pricing information, news and analysis for all major petrochemical and chemical markets, including Methyl isobutyl 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 isobutyl 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 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.