MEK prices ease in Mumbai market (Business Opportunities - Advertising Service)
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Item ID 133541337 in Category: Business Opportunities - Advertising Service
MEK prices ease in Mumbai market | |
Free Online Advertising Free Internet Web Site Advertising. UK Free Classifieds United Kingdom Free Ads Website. 100% Free Ad Posting. Canada Free Ads Popular Online Classifieds in Canada. No Sign up, No Email Required to Post. A downward adjustment has been reported in Methyl Ethyl Ketone (MEK) prices in the Mumbai market. According to Indian Petrochem analysts, the imported repack grade was priced at Rs.100/kg as of May 23, 2025, reflecting a shift in market dynamics from the last price of Rs.102/kg assessed on May 19, 2025. The MEK market has experienced oversupply conditions, particularly in Asia. In China, for example, high stockpiles and reduced demand from downstream sectors like rubber, chemicals, and agriculture led to a negative price trend. Additionally, trade imbalances and increased exports to regions like South Korea further contributed to the supply glut, pushing prices lower. MEK is a vital solvent widely used in coatings, adhesives, and chemical synthesis, making its price movement significant for industries that rely on it. The domestic market in India sees contributions from producers like Deepak Phenolics and major international suppliers such as ExxonMobil and Shell Chemicals, with raw material prices and supply conditions driving these fluctuations. India Methyl Ethyl Ketone (MEK) Market achieved a total market volume of 11.40 thousand Metric Tonnes in 2024 and is poised for significant growth to reach 15.03 thousand Metric Tonnes in 2030, with a projected Compound Annual Growth Rate (CAGR) of 4.66%, MEK Prices in India, Indian MEK Prices, Indian Prices MEK, Indianpetrochem. #MEKpricesinIndia #IndianMEKprices #IndianpricesMEK #Indianpetrochem | |
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| Target State: All States Target City : Mumbai Last Update : May 23, 2025 5:40 AM Number of Views: 23 | Item Owner : indianpetrochem Contact Email: Contact Phone: (None) |
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2025-06-01 (0.386 sec)