SunSirs--China Commodity Data Group

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SunSirs: China MTBE Market Fell significantly on November 4

November 05 2021 14:11:40     SunSirs (Selena)

According to the monitoring data of SunSirs, on November 4, the price of MTBE in Shandong was 6,170 RMB/ ton, down 2.68% from the previous working day and up 72.19% year-on-year. MTBE market continued to decline and adjust, and the transaction was light. Crude oil fell sharply, coupled with low downstream demand, business sales pressure remains. China MTBE market may continue to decline.

 

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