First, the price trend
Business: MTBE market ups and downs this week (8.14-8.18)
As of the weekend MTBE average price of 5216.67 yuan / ton, or 0.26%.
Second, the market analysis
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Products: After entering in August, the domestic MTBE market continued to stalemate, the price is not a big fluctuation, the mainstream remained at 5100 yuan / ton hovering, the face of tepid market, MTBE manufacturers to stabilize the volume for the first, With the continuous deepening of environmental inspection, MTBE cash supply tight, seems to have picked up signs, local start tentative narrow price.
Industry chain: week, the face of high raw material costs, manufacturers profit margins are still in the doldrums, but the high prices of raw materials manufacturers are also limited intention, very price-based. Gasoline market to maintain high order, MTBE just need to exist, coupled with the existence of environmental protection inspection, manufacturers operating load load to maintain a low level, multiple support under the MTBE remain strong and worry-free.
Third, the market outlook forecast
Business Bureau Energy Branch MTBE product analyst Chen Lin said: short-term, tight supply and raw material costs will be high on the domestic MTBE market to form a larger positive support, start low load operation, supply and demand is relatively balanced, MTBE high run worry , But the environmental inspection also hit downstream demand, local gas station transformation, terminal demand suffered a certain resistance, the international crude oil demand side signs of weak signs of its rising risk, the terminal operation is still cautious, this year, “gold nine silver ten” More uncertainty, coming or later than in previous years.
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