I. price trend
Business agency: the market price of MTBE fell sharply this week (December 9-15)
| Thiourea dioxide |
The price of MTBE at the end of this week was 5716 yuan / ton, down 4.46% from the previous week’s price, according to the data of business agency.
II. Market analysis
Product: on December 16, the price adjustment of domestic refined oil is expected to run aground, the price of domestic gasoline market is slightly down, the bearish sentiment of MTBE market players is rising, and the domestic MTBE price is mainly down this week.
Industry chain: this week, the international crude oil price fluctuated, and the domestic gasoline market price fell by 0.92% steadily. The domestic gasoline market is not supported by holidays, and the market demand is weak.
| Thiourea |
MTBE Market: domestic MTBE prices in the North fell significantly in this cycle. First of all, the price of MTBE began to rise to a relatively high level in early December, weakening the downstream purchase intention; second, in many foggy weather, the refinery shipment was blocked, the MTBE market transaction atmosphere was significantly weakened, and the manufacturer shipment was difficult. MTBE manufacturers adopt price reduction promotion. Meanwhile, the market demand in South China is average, but the market price is mainly stable. At the same time, the price of alkylated oil in the northern region showed a significant decline this week, so the domestic MTBE market price fell this week.
III. future forecast
MTBE product analyst of energy branch of business news agency thinks: Although the gasoline market has declined, the decline is limited. The price drop of MTBE market this week is far greater than that of gasoline market. Therefore, the market price of MTBE will be stable next week.
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