Rotterdam (The Netherlands): Methyl Ethyl Ketone (MEK) prices experienced a substantial surge in the domestic market of the Netherlands, primarily driven by increased supply disruptions in the Middle East. Concurrently, improved demand emerged from downstream construction and automobile industries, particularly in the paint and coating sector, further contributing to the upward trend in prices. Additionally, MEK production in exporting Asian countries faced interruptions due to the cessation of operations during the Seollal festival in South Korea and active stocking practices downstream, along with reduced logistics activities during the Spring Day festival in China. This combination of factors has resulted in a global shortage, amplifying the rise in MEK prices.
MEK prices in the domestic market of the Netherlands have seen a consistent upward trajectory in February, primarily fueled by robust demand in the automotive and construction sectors, coupled with supply disruptions in the Red Sea. The disruptions...
