1、 Price trend

Business agency: MTBE market price fell slightly this week (January 13-19)

The price of MTBE at the end of this week was 5266 yuan / ton, down 1.56% from the previous week’s price, according to the data of business agency.

2、 Market analysis

Products: the international oil price and gasoline market price continue to fall steadily, MTBE manufacturers have basically completed the task of warehouse arrangement before the festival, most of them are in low inventory operation, and MTBE market price is mainly stable.

Industry chain: international crude oil fell slightly this week. At present, the price adjustment of domestic refined oil on February 1 is expected to be reduced by 160 yuan / ton. However, with the support of Spring Festival holiday demand, the market price of refined oil is basically stable.

MTBE Market: in the near future, domestic refineries are basically in the operation of warehouse arrangement. Gasoline and MTBE inventories are in a low state. With the approaching of Spring Festival holiday and the end of downstream stock up, the trading heat in the domestic market will further decline next week. This week, MTBE market price is mainly stable, and some manufacturers slightly reduce the factory price.

3、 Future forecast

According to MTBE product analyst of energy branch of business news agency, at present, the demand for gasoline market has increased during the Spring Festival holiday, but the refinery mainly arranges inventory before the festival, so the willingness to hold the price is not strong. MTBE market price is expected to remain stable next week.