SunSirs--China Commodity Data Group

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SunSirs: Demand is Poor, China MTBE Price Goes Down again

September 27 2021 11:13:55     SunSirs (Selena)

According to the monitoring data of SunSirs, the MTBE price in Shandong was 5,                     760 RMB/ ton on September 26, down 1.37% from the previous working day. Crude oil continued to rise, which gave support to the market mentality, but the downstream demand was weak recently. In addition, with the commencement of some factories in the north and the increase of spot supply, the sales pressure of merchants remained. The shipment in Shandong was poor, and the price of some merchants fell slightly.

 

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