During the mid of July xxxx, the Methyl Ethyl Ketone (MEK) market in the APAC region saw a slight rise in prices after experiencing a significant decline in June. Procurement activities were cautious, reflecting ongoing challenges in supply and demand dynamics.
Seasonal factors, such as heavy rainfall, further affected the Chinese MEK market by hampering construction activities. China&#xx;s domestic coal market remained sluggish due to relentless rains in South China, with sparse spot thermal coal transactions at northern ports, reducing the production cost. Supply chain disruptions on major trade routes, ongoing geopolitical tensions, and congestion at Asian ports also adversely affected market dynamics.
In July, the MEK market recovered as the weather improved, with little adjustment in supply and demand. The overall market remains stable with minimal change in production. Shipments are normal, and downstream procurement is mainly on-demand. The trading atmosphere has...
