Week summary for Methyl Ethyl Ketone(MEK) Sept 23
This week, the domestic MEK market continued to fall. The decline of crude oil has affected the raw materials of MEK decline sharply, thus the cost side weakened.
By Friday, the market spot price in East China refers to 5900-6050 yuan/ton nearby, and the South China spot price refers to 6100-6300 yuan/ton.
Market forecasts for MEK
Looking at next week, it is expected that the domestic MEK price will continue to be weak, and focus on the recovery of downstream demand. The overall operating load of MEK is around 55%, and the operating rate will not fluctuate much next week.