Crude oil prices rose slightly, domestic refined oil prices rose for two consecutive times, gasoline market prices rose slightly, and MTBE market prices followed. The price of MTBE on December 4 was 3900 yuan / ton, up 2.63% from the beginning of the week, according to business agency data.
This week, international oil prices rose slightly, WTI crude oil prices rose 1.60%, Brent crude oil prices rose 2.95%. In addition, the domestic demand for refined oil is supported by the rising of terminal oil price and the demand of refined oil. Downstream of MTBE and other intermediate materials purchase intention is positive, MTBE manufacturers actively push up, market transaction atmosphere is good. In the short term, the overall start-up load of domestic MTBE units will still be at a low level, and tight supply will also support the market price.
MTBE product analysts of energy branch of business cooperatives believe that: the demand of refined oil market remains rigid. In the short term, the market price of refined oil continues to be weak, and the purchasing enthusiasm of downstream for MTBE and other intermediate materials is slow. It is expected that domestic MTBE prices will recover steadily in the short term.
| PVA |