Methyl Ethyl Ketone Market Analysis

During the period, the East China methyl ethyl ketone (MEK) market maintained a weak consolidation trend, with prices fluctuating in the range of 6,200-6,250 yuan/ton. Before the holiday, MEK manufacturers maintained shipments of previous orders, while middlemen had poor transactions of new orders. Some high-end quotations were lowered, and downstream terminal factories had average purchasing enthusiasm. The trading atmosphere in the market was quiet, and most of the actual transactions were small, rigid demand orders, with flat trading volume. After the holiday, although the price of post-ether raw materials rose slightly, the demand side continued its tepid trend. Industry participants mainly held a wait-and-see attitude, the fluctuation of the negotiation focus was small, and the market maintained a stalemate transition.

It is expected that the MEK market will maintain range-bound consolidation in the next period. Key focuses:

Overall, the MEK market may maintain a stalemate consolidation pattern, and it is difficult to have significant fluctuations. In the later stage, it is necessary to pay attention to market macro news and factory operation trends, which will provide guidance for the market direction.