MEK prices ease in Ahmedabad market (Business Opportunities - Marketing & Sales)

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Item ID 9711387 in Category: Business Opportunities - Marketing & Sales

MEK prices ease in Ahmedabad market


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A downward adjustment has been reported in Methyl Ethyl Ketone (MEK) prices in the Ahmedabad market According to Indian Petrochem analysts, the imported repack grade was priced at Rs.105/kg as of May 7, 2025, reflecting a shift in market dynamics. 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, Indianpetrochem, Indian MEK Prices.
# MEKpricesinindia #Indianpetrochem #IndianMEKprices

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Target Nation: All Nations
Target City : Delhi, Ahamdabad and Mumbai
Last Update : 07 May 2025 3:14 PM
Number of Views: 9
Item  Owner  : indianpetrochem
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