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MTBE Weekly Review: Demand downturn MTBE prices downward trend (20140704-0710)
Publish Date:2014-07-12 13:14:00 Views:
Market Overview
July 4, 2014 to July 10 the week, the domestic average price of MTBE week slightly higher than last week rose 2 yuan / ton or 0.02%. This week the international oil prices continued to fall, the new round of pricing cycle after the start, the rate of crude oil continued to be negative, making the oil market mentality frustrated. Coupled with the State Administration of Taxation issued a notice to strengthen the refined oil consumption tax regulation, but also exacerbated the oil players wait and see attitude, make up the library is not high, making MTBE manufacturers shipped under pressure, near the weekend, manufacturers turnover margin is still a slight expansion trend.
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