Product
Methyl Ethyl Ketone Price Trend and Forecast
Methyl Ethyl Ketone Price Trend and Forecast
Regional Price Overview
Get the latest insights on price movement and trend analysis of Methyl Ethyl Ketone in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).
Due to fluctuations in demand patterns, the market outlook for Methyl Ethyl Ketone (MEK) in Asia remained mixed in Q4. Methyl ethyl ketone prices in the regional market surged in October due to a combination of circumstances, including limited production in China and increased demand in India due to the festive season. Traders ran out of stock as imports became more expensive in the regional market week after week.
However, as stock availability increased after the festive season, peaked prices returned to normal across the Indian market. Improved imports from China, according to traders, increased their inventory levels, allowing them to lower their product costs.
Methyl ethyl ketone prices remained stable during December, as demand for solvents in the paint and coatings industry fell owing to seasonal factors. In December, CFR MEK prices for India fell to 1715 USD/MT due to abundant MEK supply and poor buying demand.
Procurement Resource provides latest prices of Methyl Ethyl Ketone. Each price database is tied to a user-friendly graphing tool dating back to 2014, which provides a range of functionalities: configuration of price series over user defined time period; comparison of product movements across countries; customisation of price currencies and unit; extraction of price data as excel files to be used offline.
About
Methyl Ethyl Ketone or MEK, which is commonly known as butanone, is an organic compound. This ketone is a colourless liquid having strong, sweet odour, which is similar to that of butterscotch and acetone. It is miscible in water and is typically utilised as a commercial solvent.
Product Details
| Report Features | Details |
| Product Name | Methyl Ethyl Ketone |
| Industrial Uses | Solvents, Absorbent, Adhesive, Paints and Coatings, Lube oil dewaxing, Gums and resins, Chemical intermediates, Plastic welding agent |
| Chemical Formula | CH3C(O)CH2CH3 or C4H8O |
| Synonyms | 78-93-3 , Butanone, Ethylmethylketone, Butan-2-one, Methylpropanone, Methylacetone |
| Molecular Weight | 72.107 g/mol |
| Supplier Database | ExxonMobil Corporation, Royal Dutch Shell Plc, Arkema Group, Sasol Limited, Tasco Chemical Corporation, Solventis |
| Region/Countries Covered | Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea, Iraq, Saudi Arabia, Malaysia, Nepal, Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore, Oman, Kuwait, Qatar, Australia, and New Zealand Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece North America: United States and Canada Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru Africa: South Africa, Nigeria, Egypt, Algeria, Morocco |
| Currency | US$ (Data can also be provided in local currency) |
| Supplier Database Availability | Yes |
| Customization Scope | The report can be customized as per the requirements of the customer |
| Post-Sale Analyst Support | 360-degree analyst support after report delivery |
Note: Our supplier search experts can assist your procurement teams in compiling and validating a list of suppliers indicating they have products, services, and capabilities that meet your company's needs.
Production Process
- Production of Methyl Ethyl Ketone via Dehydrogenation
In order to produce Methyl Ethyl Ketone via dehydrogenation, 2-butanol is utilised as the starting material. The dehydrogenation of 2-butanol is the presence of a catalyst like copper, zinc, or bronze gives Methyl Ethyl Ketone (MEK) as the result.
Methodology
The displayed pricing data is derived through weighted average purchase price, including contract and spot transactions at the specified locations unless otherwise stated. The information provided comes from the compilation and processing of commercial data officially reported for each nation (i.e. government agencies, external trade bodies, and industry publications).
Table Of Contents
Assistance from Experts
Procurement Resource is a one-stop solution for businesses aiming at the best industry insights and market evaluation in the arena of procurement. Our team of market leaders covers all the facets of procurement strategies with its holistic industry reports, extensive production cost and pre-feasibility insights, and price trends dynamics impacting the cost trajectories of the plethora of products encompassing various industries. With the best analysis of the market trends and comprehensive consulting in light of the best strategic footstep, Procurement Resource got all that it takes.
Client's Satisfaction
Procurement Resource has made a mark for itself in terms of its rigorous assistance to its clientele. Our experienced panel of experts leave no stone unturned in ensuring the expertise at every step of our clients' strategic procurement journey. Our prompt assistance, prudential analysis, and pragmatic tactics considering the best procurement move for industries are all that sets us apart. We at Procurement Resource value our clients, which our clients vouch for.
Assured Quality
Expertise, judiciousness, and expedience are the crucial aspects of our modus operandi at Procurement Resource. Quality is non-negotiable, and we don't compromise on that. Our best-in-class solutions, elaborative consulting substantiated by exhaustive evaluation, and fool-proof reports have led us to come this far, making us the ‘numero uno' in the domain of procurement. Be it exclusive qualitative research or assiduous quantitative research methodologies, our high quality of work is what our clients swear by.