Methyl Ethyl Ketone Price Trend Analysis: Q2 2025
According to PriceWatch, the price trend for MEK (Methyl Ethyl Ketone) on an FOB Shanghai basis in Q2 2025 was largely characterized by a gradual decline during most of the quarter, driven by sluggish demand, stable production levels, and steady export availability. The MEK price index reflected this weakening momentum, with prices remaining under pressure due to subdued activity in downstream sectors such as paints, coatings, and adhesives.
However, in a sharp reversal of the earlier trend, the last two weeks of June witnessed a sudden and notable price spike. This was primarily triggered by heightened geopolitical tensions stemming from the Israel and Iran conflict, which caused significant volatility in global crude oil prices. Since crude oil is a key upstream feedstock for MEK production, the resulting uncertainty led to increased cost pressure and speculative buying activity in the Asian chemical markets. As a consequence, MEK prices on an FOB Shanghai basis surged rapidly during this short window.
Despite the earlier downward trajectory, this late-quarter rally pushed the price index up, and by the end of June, MEK prices had climbed to USD 1047 per ton. This abrupt shift highlights the sensitivity of the MEK market to global energy developments and underscores how geopolitical disruptions can override existing supply and demand fundamentals, at least in the short term.
According to PriceWatch, the price trend for MEK (Methyl Ethyl Ketone) on an FOB Rotterdam basis in Q2 2025 showed a slight decline, reflecting modest downward pressure amid balanced supply-demand dynamics in the European market. Throughout the quarter, demand from downstream industries such as paints, coatings, and adhesives remained steady but unremarkable, while supply levels were sufficient to meet market requirements without significant disruptions. This resulted in a relatively stable pricing environment, though mild bearish sentiment led to a gradual softening in the MEK price index over the three-month period.
Unlike more volatile regions, the European MEK market maintained a comparatively calm pricing pattern, with no major geopolitical or upstream cost shocks during the quarter. By the end of Q2, the FOB Rotterdam price settled at USD 1,307 per ton, marking a slight decrease from earlier levels and reinforcing the overall subdued yet stable price trend observed across the region during this period.
According to Pricewatch, the price trend for MEK (Methyl Ethyl Ketone) of FOB Durban, South Africa, during Q2 2025 remained almost stable, with minor fluctuations throughout the quarter. The MEK price index in the South African market reflected a balanced supply-demand environment, where steady import volumes and consistent consumption from key downstream sectors such as paints, coatings, and adhesives helped maintain price stability.
While there were brief periods of modest price movement driven by shifts in freight costs and currency exchange rates overall volatility was limited compared to other global regions. The South African MEK market was relatively insulated from the sharper price swings observed in Asia and Europe, particularly during late June when geopolitical tensions elsewhere spiked energy related costs.
As a result, despite some mid-quarter adjustments, MEK prices in Durban showed resilience and held firm. By the end of Q2 2025, the FOB Durban price stood at USD 1,045 per ton, reinforcing the overall trend of a stable yet slightly fluctuating market throughout the quarter.
Methyl Ethyl Ketone Price Trend Analysis: Q1 2025
In Q1 2025, MAK prices began to show a slightly upward trend, with a 0.56% increase, moving from USD3,530 in January to USD3,550 in March. This growth was attributed to a moderate increase in demand from industries such as paints and coatings, particularly as market activity ramped up following the winter months. The slight upward movement in prices was driven by steady demand from end-users, coupled with stable feedstock availability and favourable market conditions. The relatively consistent market dynamics allowed for this gradual increase, which reflected a return to normal levels of consumption after the slower winter period.