Commodity News
SunSirs: MTBE Market Prices Fell Sharply on March 28
March 29 2022 09:13:53 SunSirs (John)
Price trend
According to the monitoring data of SunSirs, the price of MTBE in Shandong on March 28 was 7,487 RMB/ton, down 6.11% from the previous working day, up 0.64% month-on-month, and up 31.13% year-on-year.
Analysis review
Although crude oil was still at a high level recently, due to the impact of the epidemic, local demand and transportation were affected to a certain extent, and this week was approaching the end of the month, some businesses cleared their warehouses ahead of schedule. In addition, the prices of gasoline and raw material carbon 4 fell sharply over the weekend, which led to the adjustment of MTBE in Shandong to follow the decline.
If you have any questions, please feel free to contact SunSirs with support@sunsirs.com
Related Information
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- 2024-04-01 SunSirs: China MTBE Market Continued to Rise in March
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