1、 Price trend
Business agency: MTBE market price is stable this week (December 23-27)
According to the data of business agency, the price of MTBE this weekend was 5350 yuan / ton, 0.31% higher than that of last week.
| Sulfamic acid 99.80% |
2、 Market analysis
Product: on December 30, the price adjustment of domestic refined oil is expected to increase by 230 yuan / ton. The price of domestic gasoline market is slightly higher. The MTBE market turns bullish. This week, the domestic MTBE price is stable and slightly higher.
Industry chain: the international crude oil rose slightly this week, and the domestic refined oil price adjustment on December 30 is expected to increase by 230 yuan / ton. The bullish sentiment in the gasoline and diesel market this week is growing, but the weak market demand drags the market price up. The gasoline market rose only 0.11% this week.
| sulphamic acid |
MTBE Market: last week, MTBE manufacturers had difficulty in shipping, and price reduction and promotion were carried out under the increase of inventory pressure. After entering this week, the price of international crude oil market rose, the price of gasoline rose slightly, and the MTBE price was at a low level, attracting downstream traders to enter the market to copy the bottom one after another, the shipment of manufacturers improved significantly, and the low price of MTBE rebounded slightly.
3、 Future forecast
According to MTBE product analyst of energy branch of Business News Agency: New Year’s day and Spring Festival holiday come one after another, gasoline market demand may improve, and MTBE price is relatively low at present. The market price of MTBE is expected to rise steadily next week.
| Sulfamic acid |