As of November 29th, Methyl n-Propyl Ketone (MPK) prices have shown modest fluctuations, remaining around USD 6475/ton FOB Houston. This slight decline in prices is typical for MPK, influenced by factors like end-user demand and feedstocks such as acetone and propylene. The USA, a major MPK exporter, cited low buyer inquiries as a reason for the stable price trend. Steady consumption in industries like paint could have maintained current demand levels.
In the third quarter, the price of Methyl n-Propyl Ketone (MPK) saw a noticeable increase, rising to approximately USD 6450 per ton. This upward shift in price was driven by various market factors, including stronger demand from end-user industries and fluctuations in the costs of key feedstocks like acetone and propylene. The rise in MPK prices during Q3 reflected the changing dynamics of the market, where demand pressures, especially in industries such as paints and coatings, contributed to the price hike. This increase indicated a shift in the balance between supply and demand during this period.
In the first and second quarters of the year, the price of Methyl n-Propyl Ketone (MPK) remained relatively stable at around USD 6200 per ton. This price level reflected a balanced market condition where supply and demand dynamics were in alignment. Various factors, including the demand from end-user industries such as paints and coatings, as well as the availability of feedstocks like acetone and propylene, contributed to this price stability. The consistent price of MPK during this period suggested a steady consumption pattern across key sectors, with no major disruptions in the market.