According to the monitoring data of SunSirs, as of June 22, the MTBE price in Shandong was 8,525 RMB/ton, an increase of 13.10% month-on-month and a year-on-year increase of 33.55%.
Spot supply was abundant, and merchants were slow to sell. At the same time, the downstream demand was flat, and the market sales pressure still existed.
In the short term, the domestic MTBE market may fall.
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