Ban made the request to urgently speak to council members by video-conference from the Palestinian West Bank city of Ramallah.
The closed-door emergency meeting is scheduled for 1900 GMT.
Ban paid a surprise visit to the region yesterday to personally deliver a warning to both Israelis and the Palestinians to stand back from a "dangerous abyss."
The UN chief met with Israeli Prime Minister Benjamin Netanyahu and was due to hold talks with Palestinian leader Mahmud Abbas today morning.
Ban called for renewed negotiations after the peace process went into a deep freeze last year following the breakdown of a US initiative.
"We must, for the future of our children, come back from this dangerous abyss, safeguard the two-state solution, and lead people back to the road toward peace," he said.
Ban's report from the region will come on the eve of a ministerial-level debate at the Security Council on the way forward in the Middle East amid fears that the violence could spiral out of control.
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