US MIBK rolls over for fourth consecutive month

02 May 2014 21:24 Source:ICIS News

HOUSTON (ICIS)--Prices for US methyl isobutyl ketone (MIBK) rolled over for the fourth consecutive month Friday, as sources indicated that there has been little movement in the market.

Contract MIBK prices rolled over at a range of 117-122 cents/lb ($2,579-2,690/tonne).

Spot prices held steady for the week, at 109-112 cents/lb.

MIBK has been flat since January, when the market saw an increase driven by propylene costs. Since then, prices have remained steady, sources said.

Major MIBK suppliers are Dow Chemical, Eastman Chemical and Haltermann.

By Andrew Guy Jr