According to the data of business agency, from September 6 to 133, the price of MTBE increased from 5800 yuan / ton to 6100 yuan / ton, with a price increase of 5.17% during the week, a price increase of 7.33% month on month and a year-on-year increase of 65.61%.
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At the beginning of last week, the trend of international crude oil was mixed, and the market mentality fluctuated with it. The MTBE market rose steadily and slightly, with an increase of 50-150 yuan / ton. At the beginning of this week, crude oil production in the Gulf of Mexico recovered slowly after the hurricane. At present, the offshore crude oil production capacity of nearly 1.4 million barrels / day is still suspended, and the international oil price is rising. The raw material methanol market rose sharply, and the strong futures led the national long sentiment. The domestic MTBE market rose sharply again by about 100-300 yuan / ton, breaking the 6000 yuan / ton mark.
With the advent of the double festival, it is expected that the demand for gasoline will continue to increase in the near future. In addition, traders and some downstream businesses replenish in advance, it is expected that the demand for MTBE will continue to increase in the short term. In addition, the overall domestic spot supply is limited, which supports businesses to continue to push up the MTBE market.
In terms of external trading, as of the closing on September 10, the closing price of Asian MTBE market decreased by US $4.20/t compared with the previous trading day, and FOB Singapore closed at US $700-702 / T. The closing price of European MTBE market increased by US $12 / T compared with the previous trading day, and FOB ara closed at US $783.75-784.25/t. The closing price of MTBE market in the United States decreased by US $3.16/t compared with the previous trading day, and FOB Gulf FOB closed at US $762.26-762.61/t (214.72-214.82 cents / gallon).
region ., Country, closing price, up and down
Asia FOB Singapore $700-702 / ton – 4.2 USD / ton
U.S.A FOB Bay 762.26-762.61 USD / ton – USD 3.16/t
Europe FOB ARA 783.75-784.25 USD / ton USD 12 / ton
In terms of enterprises, Shi dashenghua’s MTBE quotation increased by 200 yuan / ton to 6150 yuan / ton compared with last Friday. The 400000 T / a mixed alkane dehydrogenation co production 350000 t MTBE unit of Shandong Shenchi Chemical Co., Ltd. started normally, MTBE was increased by 120 yuan / T, and the quotation was 6000 yuan / T. The MTBE quotation of Lihua Yijin Petrochemical was increased by 50 yuan / ton to 6150 yuan / ton. The 350000 T / a mixed alkane dehydrogenation unit of Dongming Qianhai chemical started normally, and the MTBE quotation was increased by 300 yuan / T to 6150 yuan / T compared with last Friday.
Jinjiu peak season is expected to continue to rise, but due to the poor overall economic situation, the uncertain trend of crude oil and the instability of the epidemic situation. Business agency MTBE analysts believe that the domestic MTBE market may rise and collate in the short term.
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