The international oil price fell first and then rose, while the domestic gasoline price fell slightly. The MTBE market was short of positive results, and the overall price remained stable. According to the data of business agency, the price of MTBE on June 19 was 3900 yuan / ton, only 0.43% higher than that at the beginning of the week.

This week, the international crude oil price is in the rebound trend after the fall, but the recent international crude oil market is not good enough to follow up, and the international oil price cannot break the floor price of $40 / barrel of refined oil price adjustment. The consumption in the lower reaches of most regions in the North continues to be good, while the demand in some regions in the south is reduced due to rainfall, and the demand in the gasoline market is favorable and insufficient. The decline of gasoline price suppresses the market price of MTBE.

However, the apparent consumption of refined oil in April was 27.64 million tons, up 2.1% year on year, of which gasoline was up 4.53% year on year. In the first ten days of June, the ground refining operation rate in Shandong Province rose to a high level of about 76%, and the increase of gasoline production boosted the demand for intermediate materials.

MTBE product analyst of energy branch of business news agency thinks: domestic gasoline price is still possible to decline, but at present, refinery construction is relatively high, which supports the demand for MTBE and other intermediate materials. It is expected that MTBE market price may fall in the near future, but the decline is limited.