ICIS publishes Methyl isobutyl ketone (MIBK) reports weekly in Asia, Europe and the US. News and analysis puts the market in focus and keeps you up-to-date in order to make vital commercial decisions.
The price assessments cover spot in all regions, with contract prices in the US only. Our detailed commentary gives you an unbiased overview of market movements, including regional news, import/export information, upstream/downstream news, graphs and economic impacts.
Updated to Q4 2018
Asia MIBK supply is expected to be long in the fourth quarter. Turnarounds in China will largely wrap up by November. Traditionally, the US would export their excess cargoes to Asia to avoid paying year-end taxes. However, given the ongoing trade war with China, they could be channelled to other countries.
Asia MIBK demand is expected to be higher in the fourth quarter as compared with the third quarter. The summer lull ends, boosting higher production and downstream rubber tyre and marine painting consumption. Environmental checks by government bodies at downstream factories are expected to dwindle. Buying activities for year-end and start of 2019 will commence.
Updated to Q3 2018
European methyl isobutyl ketone (MIBK) supply is expected to remain stable in Q3, with no major impact expected. The spot market is small, which means that opportunistic exports tend to be rare. Because of the limited number of producers in Europe, the MIBK market is volatile and also vulnerable to supply shocks.
European methyl isobutyl ketone (MIBK) demand is expected to be strong in the first half of July, but forecast to fall in August. The July period typically sees strong commercial activity in the downstream construction, paints and coatings sectors, but this drops off in August due to lengthy holidays in northwest and southern Europe.
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.
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Methyl isobutyl ketone (MIBK) is a stable colourless liquid with a pleasant mild odour. It is both a medium boiling and medium evaporating solvent.
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.
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