ICIS has added a new FOB China quote to its Asian MEK pricing coverage

26 April, 2019
SHARE THIS STORY

Given the recent Jiangsu blasts in China, domestic suppliers are keeping low inventories at their methyl ethyl ketone (MEK) plants and storage tanks in anticipation of stricter environmental checks by the government. As such, due to weakened demand, suppliers are aggressively offering low prices to the export market. As a result, buyers are now more cautious in procuring any new material due to falling Chinese domestic prices, unless they have greater transparency on the Chinese markets and any new offers.

In line with China being the biggest supplier of MEK within Asia, ICIS has now added an FOB China quote that will track cargoes all over the world, enabling market players to stay abreast of the changing trends in this domestic market and properly plan their next purchase.
As a buyer or seller within Asia, confidently procure MEK, with access to all of the following:

    • CFR Northeast and Southeast Asia, India and the newly added FOB China price assessments
    • Feedstock prices such as naphtha prices
    • Production news and operating schedules
    • Commentary on key price drivers, supply and demand and outlook
Request a free sample report now

 

Keep up with the changing dynamics in the Asia MEK markets with ICIS market data and expertise

NEWS

Our extensive global network of local experts reports breaking news stories, covering chemical markets and events influencing commodity prices and affecting your daily business decisions. Stay fully informed and support your planning with real-time, round-the-clock news, market analysis as well as production and force majeure news.

Request a free trial

SUPPLY & DEMAND DATA

Get end-to-end perspectives of the petrochemical supply chain for over 100 petrochemical commodities, across the globe, with historical data and projections from 1978 to 2040. The database enables you to put the local or regional scenario in a global context to support your business planning and validate commercial and growth strategies.

Request a demo
Spot LNG rebounds from $4/MMBtu lows
25 APRIL 2019 14:20

25 April 2019 | Alex Froley, ICIS LNG Analyst

Read
Global spot LNG prices slide below $6/MMBtu
18 MARCH 2019 10:17

18 March 2019 | Alex Froley, ICIS LNG Analyst

Read
ICIS has expanded its Asian MIBK pricing coverage to include ex-tank East China prices
08 MARCH 2019 17:22

ICIS has expanded its Asian MIBK pricing coverage to include ex-tank East China ...

Read
Mild weather sees spot LNG slide continue
18 FEBRUARY 2019 15:44

18 February 2019 | Alex Froley, ICIS LNG Analyst

Read
ICIS Global Chemicals Outlook 2019
24 JANUARY 2019 14:02

24 January 2019

Read