On February 5, MTBE producers in Shandong raised their quotations: Dongming Qianhai Chemical increased its MTBE quotation by 50 yuan/ton to 4,870 yuan/ton, via auction. PriceSeek's analysis of MTBE, with a bullish-bearish score of 1: Dongming Qianhai Chemical in Shandong raised its MTBE quotation by 50 yuan/ton to 4,870 yuan/ton, indicating tightening supply or strengthening demand in the spot market, which is favorable for MTBE spot prices. This price adjustment reflects increased confidence among producers, and it is expected that spot prices will maintain an upward trend in the short term, boosting market sentiment.
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