Published on November 21, 2018
There has been significant decline in MEK prices in Asian market. The plunging of crude values since last few weeks coupled with slowdown in China market has pulled back the values for MEK in Asian market. Demand for MEK has also declined and is operating only in need basis. Buyers are not in hurry to make the procurement of material. There has been significant decline in naphtha prices across the global market has also put an additional pressure on MEK values. Last week’s closing values for CFR SEA were in the range of USD 1120-1150/MT.