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SunSirs: China MTBE Market was in Consolidation after Rise of on October 14

October 15 2021 14:23:18     SunSirs (Selena)

According to the monitoring data of SunSirs, on October 14, the price of MTBE in Shandong was 6,826 RMB/ ton, an increase of 0.09% over the previous working day and 84.13% year-on-year. MTBE market is driven by the rise of raw materials, and the price continues to rise. Crude oil fell slightly, and the price rose to a high level, so the downstream receiving was cautious. The short-term MTBE market continues to rise, the space is reduced, and gradually returns to rational consolidation.

 

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