Recently, the cost advantage of producing MTBE from shale gas in the United States has been significant, and production capacity continues to be released. The export volume to Asia and Latin America has increased, impacting the Chinese export market.
The cost advantage of producing MTBE from shale gas in the United States is significant, with continuous capacity release and increased exports to Asia and Latin America, leading to global oversupply and intensifying market competition, directly impacting China's export share. It is expected that MTBE spot prices will face downward pressure due to increased supply and intensified demand competition, with significant negative factors.
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