SunSirs--China Commodity Data Group

Member ID: password: Join Now!
Commodity News

SunSirs: China MTBE Market continues to Decline

August 15 2022 08:48:28     SunSirs (Selena)

China domestic MTBE market continued to decline. According to the data of SunSirs, the price of MTBE remained at 7,340 RMB/ ton on August 5, and 7,160 RMB/ ton on August 12. The price decreased by 2.45% in the cycle, and the price decreased by 10.50% month on month, with a year-on-year increase of 25.98%.

Last week, the MTBE market continued to decline, but the range was not large, with a drop of 150-300 RMB/ ton. The trend of crude oil was unstable. Meanwhile, the demand was weak, the low-cost goods source impacted the market, the sales of merchants were poor, and the price entered a downward adjustment.

On the upstream side, the supply expectation increases and the demand margin weakened. The cost support might be limited, the port was expected to accumulate, and the short-term methanol market might decline weakly.

The demand turned weak, the sales of the merchants were poor, the prices entered the downward adjustment, and there was little export demand in the near future. SunSirs MTBE analysts believe that in the short term, China domestic MTBE market is dominated by the downturn and consolidation.

 

If you have any questions, please feel free to contact SunSirs with support@sunsirs.com.

Related Information
Energy
Chemical
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 | glycine | 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 | PAM | 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 | Salicylic acid | Silica | Silicone DMC | Soda ash | Sodium Bicarbonate | Sodium metabisulfite | Styrene | Sulfur | Sulfuric acid | TDI | Tetrahydrofuran | Titanium Dioxide | Toluene | Urea | vitamin A | vitamin C | vitamin E | Xylene |
Rubber & plastics
Textile
Non-ferrous metals
Steel
Building materials
Agricultural & sideline products