Welcome to Chempricehub

 
Home > Category > News > 
score
ChemPriceHub Alert: Analysis of the Decline in Shandong MTBE Quotations
Published on 2026-01-08

On January 8, MTBE producer quotations in Shandong region declined: Lihuayi Lijin Petrochemical and Shida Shenghua reduced their MTBE quotations by 30 yuan/ton to 4,820 yuan/ton. Shandong Shenchi Chemical lowered its MTBE quotation by 60 yuan/ton to 4,773 yuan/ton, with auction sales. Dongming Qianhai Chemical decreased its MTBE quotation by 50 yuan/ton to 4,700 yuan/ton, also via auction. PriceSeek analysis of MTBE, with a bullish-bearish score of -1, indicates that on January 8, multiple MTBE producers in Shandong (including Lihuayi Lijin Petrochemical, Shida Shenghua, Shandong Shenchi Chemical, and Dongming Qianhai Chemical) reduced their quotations by 30–60 yuan/ton, with the highest reductions bringing prices down to 4,700–4,820 yuan/ton. This reflects ample market supply or weak demand, leading to downward pressure on spot prices. The reduction in quotations directly lowers the benchmark price for spot transactions, potentially causing downstream buyers to adopt a wait-and-see approach and further suppressing prices. In the short term, MTBE spot prices face general bearish pressure, with limited declines expected but continued downward pressure anticipated.

Comments

0
No comments yet.