ChemPriceHub Important Reminder: Shandong MTBE Quotations Have Been Collectively Raised

On February 4, MTBE producers in Shandong raised their quotations: Lihuayi Lijin Petrochemical increased its MTBE quotation by 50 yuan/ton to 4,950 yuan/ton. Shida Shenghua raised its MTBE quotation by 30 yuan/ton to 4,950 yuan/ton. Dongming Qianhai Chemical increased its MTBE quotation by 20 yuan/ton to 4,820 yuan/ton, with the price determined through auction. PriceSeek analysis of MTBE, with a long-short score: +1.5. The article indicates that multiple MTBE producers in Shandong have raised their quotations, including Lihuayi by 50 yuan/ton to 4,950 yuan/ton, Shida Shenghua by 30 yuan/ton to 4,950 yuan/ton, and Dongming Qianhai Chemical by 20 yuan/ton to 4,820 yuan/ton. This suggests tight supply or increased demand in the spot market, potentially driving up MTBE spot prices. The score of +1.5 indicates a generally positive outlook, as the quotation increases of 20–50 yuan/ton reflect an overall industry trend but do not reach a level of significant positive impact.