The current MEK market is in a supply-demand balance phase, with prices fluctuating at low levels. Short-term support comes from reduced supply and higher raw material costs, but long-term pressures remain from weak demand and overcapacity.
In the first half of 2025, the Methyl Ethyl Ketone market experienced a prolonged downtrend, with June prices hitting a near two-year low, primarily due to exacerbated supply-demand imbalances (oversupply caused by capacity growth) and a sharp drop in the price of post-ether C4 feedstock. In the early second half of the year, after prices reached a low point, a short-term rebound occurred due to factors such as reduced supply, a rebound in post-ether C4 feedstock prices, and an unexpected shutdown of a plant in South China.
Demand may improve somewhat during the traditional peak season, coupled with export support, offering a potential for a slight price rebound, but the upside is limited. Close attention should be paid to the price trend of post-ether C4 feedstock and changes in market sentiment.
