On January 5th, MTBE production companies in Shandong increased their quotations: Dongming Qianhai Chemical's MTBE quotation was raised by 30 RMB/ton to 4,830 RMB/ton for bidding. Shandong Shenchi Chemical's MTBE quotation is 4,873 RMB/ton, bidding.

The article reports that MTBE production companies in Shandong have increased their prices, with Dongming Qianhai Chemical raising its price by 30 RMB/ton to 4830 RMB/ton and Shandong Shenchi Chemical raising its price by 4,873 RMB/ton, both through bidding. This indicates tight supply in the spot market or increased downstream demand, which provides favorable support for MTBE spot prices. The increase in quotation reflects a strong willingness of enterprises to raise prices, which may be driven by rising raw material costs or seasonal demand. It is expected that spot prices will maintain an upward trend in the short term.

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