MTBE price rose to a “new high” in the year

According to the data of business agency, the price of MTBE rose from 6320 yuan / ton to 6814 yuan / ton from October 8 to 15, with a price increase of 7.82% during the week, a price increase of 11.52% month on month and a year-on-year increase of 89.63%.

Stannous Sulphate

This week, the market price of MTBE rose to a new high in the year, and the ex factory quotation of enterprises increased by 800-900 yuan / ton. The rise slowed down at the weekend, mainly finishing. Crude oil prices continued to rise, once rising to a high above US $83 / barrel, providing psychological support for commodities. Gasoline prices rose. Supported by the continuous rise of crude oil and the high level of diesel, the price of gasoline rose sharply, and the MTBE market rose sharply.

The price of C4 raw material increased by 700-800 yuan / ton, which supported the market cost of MTBE. The price of raw methanol is also rising step by step, with an increase of about 200-400 yuan / ton.

In terms of external trading, as of the closing on October 14, the closing price of Asian MTBE market increased by US $20 / T compared with the previous trading day, and FOB Singapore closed at US $852-854 / T. The closing price of European MTBE market increased by USD 6 / T compared with the previous trading day, and FOB ara closed at USD 885.75-886.25/t. The closing price of us MTBE market increased by US $10.47/t compared with the previous trading day, and FOB Gulf FOB closed at US $857.89-858.25/t (241.66-241.76 cents / gallon).

region ., Country, closing price, up and down

Asia FOB Singapore USD 852-854 / ton USD 20 / ton

U.S.A FOB Bay 857.89-858.25 USD / ton USD 10.47/t

Europe FOB ARA USD 885.75-886.25/t USD 6 / ton

Sodium selenite

In terms of enterprises, the 400000 T / a mixed alkane dehydrogenation and CO production 350000 t MTBE unit of Shandong Shenchi Chemical Co., Ltd. started normally, and the MTBE online auction quotation was reduced by 10 yuan / T and 6770 yuan / T; The daily output is about 900 tons, the product purity is 99%, and the sulfur is 1ppm. The 350000 T / a mixed alkane dehydrogenation unit of Dongming Qianhai chemical started normally, and the MTBE quotation was reduced by 50 yuan / ton to 6900 yuan / ton. Product index: the purity of the product is 99%, and the sulfur is less than 5ppm.

Recently, the MTBE market has been supported by the high level of crude oil, the continuous rise of raw material C4, methanol and isobutane, and the price has risen to a new high in the year. However, as the price rose to a high level, the downstream receiving became more cautious, and the raw materials began to show a downward trend. In addition, the trend of crude oil was unstable, and the market pessimism returned. Business agency MTBE analysts believe that in the short term, the domestic MTBE market is dominated by high-level consolidation.

http://www.lubonchem.com/

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