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Updated to Q2 2018
European methyl ethyl ketone (MIBK) supply edged higher in Q2 after the market re-balanced following tightness in 2017. European prices rose as a result of a force majeure at Shell in H2 2017. However, the market re-adjusted itself in 2018 after the issue was resolved and on the back of relatively strong supply from overseas. As a result, the MIBK spot price has trended downwards in the first half of 2018.
European methyl isobutyl ketone (MIBK) spot demand remained similar and at a relatively low level in Q2 compared to Q1. The European spot market for MIBK is structurally quiet because the majority of business is carried out via the contract market. Demand rose in line with seasonal levels in summer, which gave a boost to the downstream construction industry. As a result of the less optimistic outlook for the European economy, downstream activity was lower year-on-year.
ICIS provides pricing information, news and analysis for all major petrochemical and chemical markets, including Methyl isobutyl 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 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.