SunSirs--China Commodity Data Group

Member ID: password: Join Now!
Commodity News

SunSirs: China MTBE Price Rose to a "New High" in the Year

October 18 2021 13:53:48     SunSirs (Selena)

According to the data of SunSirs, the price of MTBE rose from 6,320 RMB/ ton to 6,814 RMB/ ton from October 8 to 15, with a price increase of 7.82% during the week, a price increase of 11.52% month on month and a year-on-year increase of 89.63%.

Last week, the market price of MTBE rose to a new high in the year, and the ex-factory quotation of enterprises increased by 800-900 RMB/ ton. The rise slowed down at the weekend, mainly finishing. Crude oil prices continued to rise, once rising to a high above $83/ barrel, providing psychological support for commodities. Gasoline prices rose. Supported by the continuous rise of crude oil and the high level of diesel, the price of gasoline rose sharply, and the MTBE market rose sharply.

The price of C4 raw material increased 700-800 RMB/ ton, which supported the MTBE market. The price of raw methanol is also rising step by step, with an increase of about 200-400 RMB/ ton.

In terms of external trading, as of the closing on October 14, the closing price of Asian MTBE market increased by $20 / ton compared with the previous trading day, and FOB Singapore closed at $852-854 / ton. The closing price of European MTBE market increased by $6/ ton compared with the previous trading day, and FOB ara closed at $ 885.75-886.25/ ton. The closing price of US MTBE market increased by $10.47/ ton compared with the previous trading day, and FOB Gulf FOB closed at $857.89-858.25/ ton (241.66-241.76 cents / gallon).

Recently, the MTBE market has been supported by the high level of crude oil, the continuous rise of raw material C4, methanol and isobutane, and the price has risen to a new high in the year. However, as the price rose to a high level, the downstream receiving became more cautious, and the raw materials began to show a downward trend. In addition, the trend of crude oil was unstable, and the market pessimism returned. SunSirs MTBE analysts believe that in the short term, China domestic MTBE market is dominated by high-level consolidation.


If you have any questions, please feel free to contact SunSirs with

Related Information
1,3-butadiene | 2-EH | Acetic acid | Acetic anhydride | Acetone | Acrylic acid | Activated charcoal | Adipic acid | Aluminum fluoride | Ammonium biphosphate | Ammonium chloride | Ammonium nitrate | Ammonium sulfate | Aniline | BDO | Benzene | Benzol | Bisphenol A | Bromine | Butyl acetate | Calcium carbide | Carbon black | Caustic soda | Chlorinated Paraffin | Chloroform | Coal tar | CPL | Cryolite | Cyclohexane | Cyclohexanone | DAP | DBP | Dichloromethane | Diethylene glycol | Dimethyl carbonate | DMF | DOP | DOTP | EA | ECH | Epoxy resin | Ethyl alcohol | Ethylene glycol | Ethylene oxide | Ferrous lithium phosphate | Flake caustic soda | Fluorite | Formaldehyde | Formic acid | Hydrochloric acid | Hydrofluoric acid | Hydrogen peroxide | Hydrogenated benzene | IPA | Isobutyraldehyde | Liquid ammonia | Lithium carbonate | Lithium hydroxide | Maleic anhydride | MDI | MEK | Melamine | MIBK | N-butanol | N-Methylpyrrolidone | N-propanol | Neopentyl glycol | Nitric acid | Orthoboric acid | OX | PA | PAC | Paraformaldehyde | Phenol | Phosphate rock | Phosphoric acid | Phosphorus yellow | Polycarboxylate Superplasticizer | Polysilicon | Potassium carbonate | Potassium chloride | Potassium nitrate | Potassium sulfate | Propane | Propylene | Propylene Glycol | Propylene oxide | PX | R134a | R22 | Silica | Silicone DMC | Soda ash | Sodium Bicarbonate | Sodium metabisulfite | Styrene | Sulfur | Sulfuric acid | TDI | Titanium Dioxide | Toluene | Urea | vitamin A | vitamin C | vitamin E | Xylene |
Rubber & plastics
Non-ferrous metals
Building materials
Agricultural & sideline products