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During the third quarter of 2022, the Methyl Isobutyl Ketone Price were observed to be following mixed sentiments and were hovering at USD 2070/tonne FOB Texas in August, as per ChemAnalyst pricing team data.
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Methyl Isobutyl Ketone (MIBK) Price Trend and Forecast During the third quarter of 2022, the prices of MIBK were observed to be following mixed sentiments and were hovering at USD 2070/tonne FOB Texas in August, as per ChemAnalyst pricing team data. In terms of production, the operating rates were stable, and the inventories were sufficient in the domestic market. The rail and West coast port congestion resulted in a delay in the supply chain activities, and the products accumulated in the warehouses. The demand for the product from the downstream automotive and construction sectors varied throughout the quarter, whereas the paint & coating sector's demand has been improving. Also, the domestic markets' purchasing was steady. https://www.chemanalyst.com/Pricing-data/methyl-isobutyl-ketone-68
Methyl Isobutyl Ketone Supply Online Market The prices of MIBK were observed to be see-sawing in the third quarter of 2022 in India and showing a declining trend in the Chinese market, with prices around USD 1510/tonne FOB Qingdao. Moreover, the growing fear of recession and poor demand from China has pulled down Crude oil prices and further influenced the Methyl Isobutyl Ketone market. The slow purchase from the domestic market, coupled with the ample availability of the product, resulted in the declining price trend of Methyl Isobutyl Ketone. This downtrend in MIBK price was mainly caused by a drop in the market value of feedstock Acetone. As the value of Acetone was tumbling in the market, the manufacturing cost also plummeted, which led to a negative price trend for MIBK in the domestic market during the quarter. https://www.chemanalyst.com/Pricing-data/methyl-isobutyl-ketone-68
The prices of MIBK followed an upward trend during the third quarter of 2022 The prices of MIBK followed an upward trend during the third quarter of 2022. Surging energy costs have affected MIBK prices in the Dutch domestic market. In the European region, production has been reduced as a result of the limited natural gas supply. The inventories were decreasing in the European region with rising consumption of the product and lowered stockpiling with the traders and the suppliers. Demand for the product was constant in the downstream construction and automotive industries but increasing in the paint & coating industry. The normalcy in the supply chain has lessened the order backlogs. Institute for Supply Management (ISM) has reported that the manufacturing purchasing managers' index, or PMI dropped to 50.9 in September. https://www.chemanalyst.com/Pricing-data/methyl-isobutyl-ketone-68
The prices of MIBK followed an upward trend during the third quarter of 2022 The prices of MIBK followed an upward trend during the third quarter of 2022. Surging energy costs have affected MIBK prices in the Dutch domestic market. In the European region, production has been reduced as a result of the limited natural gas supply. During the third quarter of 2022, the price of MIBK were observed to be following mixed sentiments and were hovering at USD 2070/tonne FOB Texas in August, as per ChemAnalyst pricing team data. In terms of production, the operating rates were stable
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