The international crude oil is relatively high, the gasoline market demand is good, the market price is rising, and the domestic MTBE market follows the gasoline market up. According to the data of business agency, the price of MTBE this weekend was 3666 yuan / ton, 1.85% higher than that of last week.
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With the further increase of temperature in summer, gasoline terminal consumption will still perform vigorously. Meanwhile, in June, there will be more orders for the main gasoline purchased from outside. The gasoline delivery of refineries will be smooth, the raw material procurement of middlemen will be more active, and the overall transaction atmosphere of MTBE market will perform well, which will push the manufacturers up actively. However, in the middle of the week, there was a part of low-priced trade source impact on the market, and then MTBE market price rebounded upward again.
Since next week, there will be cooling weather in the north and south, and gasoline demand will fall for a short time, which is expected to drive the MTBE market price down for a short time.
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