MTBE: Short and empty markets are intertwined, and the market fluctuates frequently

MTBE: Short and empty markets are intertwined, and the market fluctuates frequently

Recently, the domestic MTBE market fluctuates more frequently. The market trend in the early stage is weak, and the price continues to fall. Recently, the market has picked up. The frequent price fluctuations are closely related to the operation, demand and cost of crude oil. Continue to oscillate.

In terms of international crude oil, the multiple pressures such as the sudden increase in supply risks and the intensification of financial risks in the early stage have shown an obvious downward trend. Recently, the optimization of China's epidemic prevention has supported the recovery of fuel demand. Crude oil prices continue to rise, supported by this support, the mentality of industry players has improved, and the enthusiasm for buying has also increased.

In terms of raw materials, the price trend of carbon four was weak in the early stage, and the cost support power was slightly flat.

In terms of downstream gasoline, with the optimization of epidemic prevention and control policies and the rise of crude oil, the enthusiasm of terminal operators to purchase has increased, the gasoline market has risen, and the industry has a higher enthusiasm for purchasing related gasoline raw materials. The shipment of MTBE manufacturers has improved, and the supply of resources is relatively stable. , Partially shut down factories have not yet started work, the resource supply side is tight, and the recent MTBE market has risen significantly under the support of positive factors.

Looking at the later period, the price has risen to a certain high level after continuous push-ups, and industry players have slightly increased their cautiousness in purchasing. In terms of resource supply, most of the factories that have shut down factories have not yet started work, and resources are still not much. Manufacturers have limited profit-sharing intentions. The cautious mentality of buying still exists. Zhongyu Information expects that the domestic MTBE market will be stable and slightly adjusted in the short term. After the price rises to a high level, it may be temporarily digested and sorted out. In the later stage, if some factories shut down and start operations, the supply of resources will increase, and the market may fall back.