The international oil price continued to rise, coupled with the lack of equipment maintenance supply of some enterprises, the MTBE market rebounded significantly, with an increase of about 100-200 yuan / ton in two days. According to the data of business agency, from August 18 to August 25, the price of MTBE increased from 5500 yuan / ton to 5750 yuan / ton, with a price increase of 4.55% during the week, and the price remained stable month on month, with a year-on-year increase of 58.26%.
Crude oil rebounded and rose sharply, MTBE market demand was good, which greatly boosted the mentality of entering the market in the middle and lower reaches and the confidence of refineries to support the price. Refinery shipments are good, and gasoline and diesel exceed the balance of production and sales. In the early stage, wait and see the middle and lower reaches, or a large number of goods will be replenished in the market. In addition, by the end of August, some middle and lower reaches will begin to prepare for gold, nine silver and ten hoarding.
In terms of external trading, as of the closing on August 24, the closing price of Asian MTBE market increased by US $30 / ton compared with the previous trading day, and FOB Singapore closed at US $705.5-707.5/ton. The closing price of European MTBE market increased by US $11 / T compared with the previous trading day, and FOB ara closed at US $789.5-790 / T. The closing price of us MTBE market increased by US $20.45/t compared with the previous trading day, and FOB Gulf FOB closed at US $727.18-727.54/t (204.84-204.94 cents / gallon).
In terms of enterprises, some major production enterprises in Shandong will adjust the price by about 100-200 yuan / ton within two days: Shi dashenghua’s MTBE quotation will be increased by 50 yuan / ton to 5800 yuan / ton. The 400000 T / a mixed alkane dehydrogenation and 350000 t MTBE unit of Shandong Shenchi Chemical Co., Ltd. is under maintenance for about half a month. MTBE is increased by 50 yuan / ton, and the quotation is 5800 yuan / ton. The MTBE quotation of Lihua Yijin Petrochemical was increased by 50 yuan / ton to 5750 yuan / ton.
Supported by the sharp rise of crude oil, the domestic MTBE market rose sharply, but the increase was large, and the downstream enthusiasm for receiving goods at high prices weakened. Business agency MTBE analysts believe that the domestic MTBE market may be mainly sorted out in the short term.
| Thiourea |