I. price trend
Business agency: MTBE market price rose slightly this week (Nov. 11-nov. 16) (Oct. 8-oct. 12)
| Thiourea dioxide |
The price of MTBE this weekend was 5466 yuan / ton, up 1.23% from the previous week, according to the data of business agency.
II. Market analysis
Products: on November 18, the price of domestic refined oil was adjusted or the production line was increased. The mentality of MTBE market operators was acceptable, and the refinery’s shipment was smooth. Domestic MTBE prices rose slightly and steadily this week.
Industry chain: this week, the international crude oil price fluctuated in a narrow range, and the domestic gasoline market price fell slightly by 0.55%. The domestic gasoline market demand was smooth.
| Thiourea |
MTBE Market: Although the upstream gasoline price is stable, the MTBE market operators are optimistic. The MTBE manufacturers deliver goods smoothly. Under the tight spot supply, the manufacturers tentatively push up slightly. However, the downstream resistance is strong, and the MTBE market price mainly rises slightly. And this week’s alkylation oil market is basically stable, the demand side is mainly rigid demand, and the refinery’s delivery price is relatively strong. Therefore, the market price of MTBE rose this week, but not much.
III. future forecast
According to MTBE product analyst of energy branch of business society, MTBE manufacturers deliver goods smoothly, spot supply is in a tight state, and there is a subjective intention to push up, but the downstream gasoline market demand is stable, and it is expected that the MTBE market will be blocked in the upward direction next week, with a steady increase.
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