Methyl Ethyl Ketone (MEK)
Sensitive to volatile demand
ICIS MEK prices hold a benchmark position in Asia and Europe. Our market intelligence and MEK price data reflect key developments in the US and related markets, Asia, India, Europe, and South Africa, which is an important player in the European market.
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Price & market indicators
MEK markets are sensitive to sudden dips and spikes in demand, especially in the automobile industry, housing, and consumer products. Pricing in the Asian market typically reacts to demand and supply fundamentals, and to a lesser extent, to upstream naphtha and crude oil movements. Europe is highly reactive to Asia fundamentals because China is one of the largest exporters in the region. Without a domestic producer of its own, the US market is sensitive to supply issues from Europe and Asia.
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What our customers say
“ICIS Clarity™ is crucial for our decision-making. We use the data and insights to analyse price trends, plan purchases of base oil and other materials, and manage our stocks.”
El Mohandes Coatings & solvents
“ICIS is a reliable, trustworthy and independent partner, and its wide coverage of commodities across the globe means we can get all the pricing and analytics services we need from a single source. ICIS has definitely been a very important element in our growth success.”
Shanghai Jahwa United Co Ltd
“As a reliable, independent source of pricing data, ICIS has helped find common ground with suppliers who wanted to raise prices. ICIS forecast prices mean we can anticipate PE and PET price trends for the next 18 months and use this information to plan our purchases. We’re also reassured by their IOSCO certification.”
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