Methyl Ethyl Ketone Pricing Assessment

  • Commodity Pricing

methyl ethyl ketone Markets Covered: 

cnChina
jpJapan
nlNetherlands
zaSouth Africa
usUnited States
inIndia
vnVietnam
idIndonesia
krSouth Korea
deGermany

methyl ethyl ketone Markets Covered: 

Global methyl ethyl ketone Price Trend, Analysis and Forecast​

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. 

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.

Q1 2024

In Q1 2024, Methyl n-Amyl Ketone (MAK) prices were around USD 3200/Ton, primarily due to weakened demand from end-user industries. The lower consumption in key sectors, such as paints and coatings, significantly impacted the market, causing a decline in prices. Reduced activity in these industries, especially during the winter months, contributed to the overall softness in demand. This led to the lower price levels observed in Q1, the trend was largely driven by the continued sluggishness in end-user consumption, which affected both the supply chain and market pricing. 

Q2 2024

In Q2 2024, the price surged to 3550 due to increased demand in the end-use market. This rise in price can be attributed to the growing need for the product, driven by various factors such as heightened consumer demand, shifts in market conditions, and potentially changes in production or supply chain dynamics. The increased end-use demand created upward pressure on prices, leading to this significant increase. 

Q3 2024

In Q3 2024, Methyl n-Amyl Ketone (MAK) prices remained stable at around USD 3520/Ton. This stability was driven by a balance between supply and demand, with steady consumption from end-user industries. Although there were fluctuations in demand, particularly in the paint and coatings sectors, the overall market conditions allowed prices to maintain a steady level. The stability in Q3 was supported by consistent feedstock availability and moderate industry demand. 

Q4 2024

In Q4 2024, MAK prices experienced a slight decline of 0.07%, moving from USD3,525 in October to USD3,510 by December. This minor drop reflects a slightly weaker demand in some end-user industries, particularly as seasonal factors influenced consumption patterns. Despite this, prices remained within a narrow range, with moderate demand continuing to come from sectors like paints and coatings. The stable feedstock availability and steady but lower seasonal demand helped maintain prices at relatively stable levels. 

India methyl ethyl ketone Price Trend, Analysis and Forecast

Q1 2025

Q1 2025 marked a modest upward trend in MAK prices, growing 1.17% over the quarter. This reflects improved demand as industrial activity picked up post-winter, mirroring previous seasonal recovery patterns. The paints and coatings sector played a key role, supported by stable raw material supply and favourable market sentiment. The market showed resilience, transitioning smoothly into the spring season with prices nearing pre-Q2 2024 peaks 

Q2 2025

According to Pricewatch, the price trend for MEK (Methyl Ethyl Ketone) on a CIF basis at Nhava Sheva, India, showed a consistent decline throughout Q2 2025. The MEK price index reflected weakening market fundamentals, driven by sluggish demand from key downstream sectors such as paints, coatings, and adhesives, along with sustained import volumes that contributed to excess supply. This imbalance between supply and demand maintained downward pressure on prices across the quarter.

As a result, the price trend remained negative, and by the end of Q2, the CIF price stood at 96250 INR per ton. The falling price index highlights the overall bearish sentiment in the Indian MEK market during this period. 

Q1 2024

MAK prices in Q1 2024 began on a weaker note due to sluggish demand from downstream sectors like paints and coatings, with January seeing the lowest point at INR 274,000. However, a gradual recovery began in February and March, as indicated by monthly increases of 3.01% and 2.75%, respectively. This late-quarter rise suggests a slow return in industrial activity post-winter, aligning with slightly improving market sentiments, although the quarter overall remained relatively soft. 

Q2 2024

In Q2 2024, prices peaked in April at INR 301,000 due to strong end-user demand, reflecting heightened consumption in industrial sectors. However, prices plateaued in May and declined slightly in June, indicating stabilization after the April surge. This pattern aligns with a temporary demand spike, possibly from procurement cycles or restocking, followed by normalized market activity and slight downward corrections in the latter part of the quarter. 

Q3 2024

Q3 2024 saw stable MAK prices, maintaining levels close to INR 304,000–306,000 throughout the quarter. Minor fluctuations occurred, with a small drop in August and a marginal rebound in September. This steadiness reflects a balanced market where supply met consistent demand, particularly from coatings and industrial users, in line with seasonal maintenance schedules and steady feedstock availability. 

Q4 2024

During Q4 2024, prices remained within a narrow band, showing a minor overall rise of about 0.14% over the quarter. This marginal increase indicates stability in the market, with consistent but moderate demand as seasonal consumption slowed slightly. Paints and coatings industries likely maintained baseline purchasing, and ample feedstock ensured price volatility was minimal. 

methyl ethyl ketone Parameters Covered: 

Upstream
  • Crude Oil
  • Propylene
Downstream
  • Paints & Coatings
  • Adhesives, Sealants
  • Printing Inks
Major supplying countries
  • China
  • Japan
  • Netherlands
  • South Africa
Major importing countries
  • India
  • Vietnam
  • Indonesia
  • South Korea
  • USA
  • Germany

methyl ethyl ketone Parameters Covered: 

Upstream
  • Crude Oil
  • Propylene
Downstream
  • Paints & Coatings
  • Adhesives, Sealants
  • Printing Inks
Major supplying countries
  • China
  • Japan
  • Netherlands
  • South Africa
Major importing countries
  • India
  • Vietnam
  • Indonesia
  • South Korea
  • USA
  • Germany

Specifications

Molecular Weight[g/mol]

72.11 g/mol

CAS No

78-93-3

HS Code

291412

Molecular Formula

C₄H₈O
methyl ethyl ketone

Packaging Type

165 Kg Drum

Grades Covered

≥99%

Incoterms Used

FOB Shanghai, CIF Nhava Sheva, CIF Busan, CIF Haiphong, CIF Jakarta, FOB Tokyo, FOB Rotterdam, CIF Houston, CIF Hamburg, FOB Durban, Ex-Mumbai

Synonym

2-Butanone, Butanone

PriceWatch Quotation Terms:

Global :10-15MT, India: 10-12 MT

Ex-Location: This incoterm refers to a shipping agreement where the seller makes the goods available at their premises, and the buyer is responsible for all transportation costs, including shipping, insurance, and any other fees.
CIF: CIF refers to the Cost, Insurance, and Freight (CIF) terms for goods. Under CIF terms, the seller is responsible for the cost of goods, insurance, and freight charges until the goods reach the port of destination.
FD: FD stands for Free Delivered where the seller takes full responsibility for delivering goods to the location/port. This ensures the buyer receives the goods at the designated port with all necessary costs, except import duties, covered.
FOB: FOB refers to the Free On-Board shipping term, where the seller is responsible for the cost and risk of delivering the goods to the port. Once the goods are on board the vessel, the responsibility shifts to the buyer for all costs, including shipping and insurance.

Property  Specification  
Purity    

99% Min 

Boiling Point  79.6°C 
Melting Point  -87 °C 
Density [g/cm3]   0.803 to 0.807 
Appearance  Clear and Bright (Liquid) 
Color  10 
Ignition temperature  514 °C 
Explosion limit  1.8 - 11.5 %(V) 

Applications

Paints & Coating Industry, Adhesives, Sealants, and Printing inks, others 

Methyl Ethyl Ketone (MEK) is a fast-evaporating, highly effective solvent with a wide range of industrial applications. It is primarily used in the paint and coatings industry for thinning resins and improving drying times. MEK is also a key solvent in adhesives, sealants, and printing inks, providing excellent solubility and fast evaporation. In the plastics and textiles industries, it is used for surface preparation and cleaning. Additionally, MEK plays a role in pharmaceutical manufacturing and extraction processes and serves as a chemical intermediate in the production of other compounds. Its strong solvency, low boiling point, and ability to dissolve a variety of substances make it a versatile solvent across many sectors. 

Historically, several events have caused significant fluctuations in Methyl Ethyl Ketone prices

  • Russia-Ukraine Conflict (2022-Present): Disruptions in European Methyl Ethyl Ketone production led to increased costs and global price volatility. 
  • Israel-Hamas Conflict (2023): The recent escalation in the Israel-Hamas conflict has introduced additional uncertainty in Middle Eastern supply chains, potentially impacting global crude oil prices and, consequently, the pricing of MEK Disruptions in this region can affect supply routes and increase volatility in markets worldwide. 
  • COVID-19 Pandemic (2020): Demand plummeted initially but rebounded as packaging needs surged. 
  • Geopolitical Tensions (2018-2019): U.S.-China trade wars caused price instability due to disrupted supply chains. 
  • Global Financial Crisis (2008-2009): A sharp drop in demand during the economic downturn led to price declines. 


These events underscore the Methyl Ethyl Ketone market’s vulnerability to global disruptions and highlight the need for continuous monitoring of supply-demand dynamics.
 

Why PriceWatch?

PriceWatch is your trusted resource for tracking global methyl ethyl ketone price trends. Our platform delivers real-time data and expert analysis, offering deep insights into the key factors driving price fluctuations in the methyl ethyl ketone market. By monitoring critical events such as geopolitical tensions, supply chain disruptions, and economic shifts, PriceWatch keeps you fully informed of market dynamics.

In addition, PriceWatch provides detailed forecasts and updates on production capacities, enabling you to anticipate market changes and make well-informed decisions. With PriceWatch, you gain a competitive edge in understanding all the elements that influence methyl ethyl ketone prices worldwide. Stay ahead of the curve with PriceWatch’s reliable, accurate, and timely methyl ethyl ketone market data.

Track PriceWatch's methyl ethyl ketone price assessment on a weekly basis since 2015 onwards, along with short-term forecasts, and get access to the detailed report in a downloadable format.

Data Collection and Sources​

  • Real-Time Market Data: PriceWatch aggregates real-time pricing data from a diverse range of sources, including global commodity exchanges, industry reports, and proprietary databases. This ensures that our assessments reflect the most current market conditions. 
  • On-the-Ground Intelligence: Our team gathers insights directly from key market participants, including producers, suppliers, traders, and end-users, across major Methyl Ethyl Ketone production hubs. This ground-level intelligence is crucial for understanding localized market dynamics. 
  • Supply Chain Monitoring: We track the entire Methyl Ethyl Ketone supply chain, from raw material availability to production and distribution channels. This includes monitoring feedstock prices, production capacities, and transportation logistics. 

Event Tracking and Impact Analysis​

  • Geopolitical Tensions: PriceWatch continuously monitors global geopolitical developments, such as conflicts or trade disputes, which can significantly impact Methyl Ethyl Ketone prices. Our analysis includes potential disruptions to supply chains and their immediate and long-term effects on pricing. 
  • Natural Disasters and Climate Events: We assess the impact of natural disasters, such as hurricanes or winter storms, on Methyl Ethyl Ketone production facilities, particularly in vulnerable regions like the U.S. Gulf Coast. These events are factored into our price forecasts and supply outlooks. 
  • Economic Shifts: PriceWatch evaluates macroeconomic trends, including global economic growth, inflation rates, and sector-specific demand (e.g., automotive, packaging), to predict shifts in Methyl Ethyl Ketone demand and corresponding price movements. 

Production Capacity and Supply Analysis

  • Current Production Monitoring: We maintain a comprehensive database of global Methyl Ethyl Ketone production facilities, tracking their operational status, maintenance schedules, and output levels. This allows us to assess current supply availability accurately. 
  • Future Capacity Projections: Our research includes detailed forecasts of upcoming Methyl Ethyl Ketone production capacities, factoring in new plant constructions, expansions, and technological advancements. This helps in predicting future supply trends and potential price stabilization. 

Demand Forecasting

  • Sectoral Demand Analysis: PriceWatch provides in-depth analysis of demand trends across key sectors, including packaging, automotive, and construction. We track year-on-year demand growth and project future consumption patterns based on economic indicators and industry developments. 
  • Global Demand Dynamics: Our methodology considers regional demand variations and how they influence global Methyl Ethyl Ketone pricing. This includes understanding the impact of shifts in manufacturing bases, trade policies, and environmental regulations. 

Pricing Model Development

  • Dynamic Pricing Models: PriceWatch utilizes advanced econometric models to forecast Methyl Ethyl Ketone prices, incorporating real-time data, historical trends, and projected market conditions. Our models are continuously refined to enhance accuracy and predictive power. 
  • Scenario Analysis: We conduct scenario-based assessments to evaluate potential future market conditions. This includes best-case, worst-case, and most likely scenarios, helping our clients prepare for a range of market outcomes. 

Reporting and Client Support

  • Comprehensive Reports: Our clients receive detailed reports that include current price assessments, future price forecasts, and in-depth analysis of market drivers. These reports are designed to be actionable, providing clear insights and recommendations. 
  • Ongoing Support: PriceWatch offers continuous updates and personalized support to our clients, ensuring they have the most up-to-date information to make informed decisions. Our experts are available to discuss specific market developments and provide tailored advice. 

This research methodology ensures that PriceWatch delivers the most accurate, timely, and actionable Methyl Ethyl Ketone pricing assessments, helping our clients stay ahead of market trends and make informed business decisions. 

Molecular Weight[g/mol]

72.11 g/mol

CAS No

78-93-3

HS Code

291412

Molecular Formula

C₄H₈O
methyl ethyl ketone

Packaging Type

165 Kg Drum

Grades Covered

≥99%

Incoterms Used

FOB Shanghai, CIF Nhava Sheva, CIF Busan, CIF Haiphong, CIF Jakarta, FOB Tokyo, FOB Rotterdam, CIF Houston, CIF Hamburg, FOB Durban, Ex-Mumbai

Synonym

2-Butanone, Butanone

PriceWatch Quotation Terms:

Global :10-15MT, India: 10-12 MT

Ex-Location: This incoterm refers to a shipping agreement where the seller makes the goods available at their premises, and the buyer is responsible for all transportation costs, including shipping, insurance, and any other fees.
CIF: CIF refers to the Cost, Insurance, and Freight (CIF) terms for goods. Under CIF terms, the seller is responsible for the cost of goods, insurance, and freight charges until the goods reach the port of destination.
FD: FD stands for Free Delivered where the seller takes full responsibility for delivering goods to the location/port. This ensures the buyer receives the goods at the designated port with all necessary costs, except import duties, covered.
FOB: FOB refers to the Free On-Board shipping term, where the seller is responsible for the cost and risk of delivering the goods to the port. Once the goods are on board the vessel, the responsibility shifts to the buyer for all costs, including shipping and insurance.

Property  Specification  
Purity    

99% Min 

Boiling Point  79.6°C 
Melting Point  -87 °C 
Density [g/cm3]   0.803 to 0.807 
Appearance  Clear and Bright (Liquid) 
Color  10 
Ignition temperature  514 °C 
Explosion limit  1.8 - 11.5 %(V) 

Applications

Paints & Coating Industry, Adhesives, Sealants, and Printing inks, others 

Methyl Ethyl Ketone (MEK) is a fast-evaporating, highly effective solvent with a wide range of industrial applications. It is primarily used in the paint and coatings industry for thinning resins and improving drying times. MEK is also a key solvent in adhesives, sealants, and printing inks, providing excellent solubility and fast evaporation. In the plastics and textiles industries, it is used for surface preparation and cleaning. Additionally, MEK plays a role in pharmaceutical manufacturing and extraction processes and serves as a chemical intermediate in the production of other compounds. Its strong solvency, low boiling point, and ability to dissolve a variety of substances make it a versatile solvent across many sectors. 

Methyl Ethyl Ketone price provided by PriceWatch is a base price and excludes VAT/Taxes, discounts, or offers. The information herein is accurate to the best of our knowledge as of the date indicated and is provided solely for the convenience of our customers as a reference for methyl ethyl ketone. PriceWatch disclaims any warranties or representations regarding the accuracy of results derived from this information. It is the sole responsibility of the user to assess the suitability of the product for their specific application. This document does not constitute an endorsement to use the product in violation of any applicable patent rights.

Methyl Ethyl Ketone (MEK) prices are primarily driven by the cost of raw materials like n-butanol and crude oil, as well as demand from key downstream industries such as paints, coatings, adhesives, and pharmaceuticals. Price fluctuations also stem from global supply chain disruptions, plant shutdowns, and freight costs. Environmental regulations, especially those targeting VOC emissions can limit MEK production or shift demand toward alternative solvents. Additionally, currency exchange rates, seasonal demand cycles, and geopolitical events all influence MEK pricing. Together, these factors create a highly dynamic and interdependent market.

Regional production plays a significant role in Methyl Ethyl Ketone pricing. Regions with high production, like Asia-Pacific, tend to have more competitive pricing due to local availability, whereas regions that rely on imports, such as North America and Europe, often face higher costs due to transportation fees, import duties, and potential supply chain disruptions.

The latest pricing trends for Methyl Ethyl Ketone often reflect fluctuations in the cost of raw materials and changes in global supply chains. To secure better rates, procurement heads can consider locking in long-term contracts with suppliers, monitoring global price trends and indices, and optimizing bulk purchasing strategies to take advantage of volume discounts.