According to the data of business agency, from January 7 to 14, the price of MTBE increased from 6270 yuan / ton to 6330 yuan / ton. The price increased by 0.96% during the week, 8.21% month on month and 40.67% year-on-year.

MTBE market continued to rise, and the quotation of some enterprises increased by 160-300 yuan / ton. The tight supply situation continued, and the international oil price continued to rise, with an increase of 4.79%, giving strong support to the MTBE market. In addition, gasoline prices continued to rise, driving MTBE merchants’ willingness to rise. Supported by all parties, MTBE market continued to rise.

In terms of methanol, the methanol market fell first and then rose, and the transaction changed from weak to good. At present, the market maintains a range shock pattern, and it is difficult to rise or fall sharply.

In terms of external market, as of the closing on January 13, the closing price of Asian MTBE market increased by US $10 / T compared with the previous trading day, and FOB Singapore closed at US $843-845 / T. The closing price of European MTBE market decreased by US $0.25/t compared with the previous trading day, and FOB ara closed at US $925-925.5/t. The closing price of MTBE market in the United States decreased by US $2.38/t compared with the previous trading day, and FOB Gulf FOB closed at US $906.14-906.49/t (255.25-255.35 cents / gallon).

Region, country., Closing price, Rise and fall

Asia FOB Singapore USD 843-845 / ton USD 10 / ton

U.S.A FOB Bay 906.14-906.49 USD / ton – USD 3.28/t

Europe FOB ARA 925-925.5 USD / ton – USD 0.25/t

In terms of enterprises, the 200000 t / a isomerization unit of Shandong Chengtai Chemical Co., Ltd. started normally, and the MTBE quotation was reduced by 50 yuan / ton to 6350 yuan / ton. Shi dashenghua’s MTBE quotation is reduced by 50 yuan / ton to 6350 yuan / ton. The 400000 T / a mixed alkane dehydrogenation and 350000 t MTBE unit of Shandong Shenchi Chemical Co., Ltd. was shut down for maintenance on December 27. The specific start-up time is to be determined, and the MTBE quotation is 6400 yuan / T. The MTBE of Lihua Yijin Petrochemical is reduced by 50 yuan / ton, and the quotation is 6350 yuan / ton. The 350000 T / a mixed alkane dehydrogenation unit of Dongming Qianhai chemical started normally, and the MTBE quotation was reduced by 100 yuan / T to 6200 yuan / T.

Supported by positive external conditions and high raw material prices, MTBE prices continued to rise. However, as the price rises to a high level, the enthusiasm for receiving goods in the downstream decreases. In addition, next week, with the continuous shutdown of logistics and transportation in some areas and the beginning of traffic control in some areas, the market demand becomes more and more flat. Business agency MTBE analysts believe that the domestic MTBE market will be sorted out in a narrow range in the short term.