Gasoline price rises, MTBE price continues to rise

The international crude oil price center of gravity moves upward, the hot weather supports the gasoline market demand to be good, favors the MTBE market price. The price of MTBE on August 7 was 3783 yuan / ton, up 2.25% from the beginning of the week, according to business agency data.

 

The center of gravity of international crude oil price has shifted upward. In addition, the domestic weather is still hot, gasoline terminal demand is increasing, downstream replenishment is more active, and gasoline price is rising. Refineries have better demand for gasoline raw materials. Meanwhile, the impact of flood disaster in southern China is weakened, and the overall purchasing and marketing atmosphere of MTBE market is gradually restored, supporting the upward trend of MTBE market price.

 

At present, the start-up load of MTBE unit is slightly lower than that of last week, but it is still relatively high, and the positive effect is limited.

 

Analysts of MTBE products of energy branch of business cooperatives believe that: domestic gasoline price demand is good, which supports the demand for intermediate materials such as MTBE, but the supply of MTBE market is at a high level, and it is expected that the price of MTBE market will rise steadily in the near future.

Thiourea