On December 30th, MTBE production companies in Shandong increased their quotations: Lihua Yilijin Petrochemical's MTBE quotation increased by 20 RMB/ton to 4,850 RMB/ton. Shida Shenghua's MTBE quotation has been raised by 20 RMB/ton to 4,850 RMB/ton.
On December 30th, MTBE production companies in Shandong Province raised their quotations by 20 RMB/ton to 4,850 RMB/ton, indicating that market supply may be tight or demand may increase, driving up spot prices. The price increase reflects the optimistic expectations of production enterprises for the market outlook, supporting the spot market. Reason for rating: The upward adjustment is moderate and belongs to the general positive level, which provides positive support for MTBE spot prices.
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