The international crude oil price fell, the gasoline market maintained rigid demand, the gasoline market price fell steadily, the MTBE manufacturers’ shipment situation improved, and the market price rebounded slightly. According to the data of business agency, the price of MTBE on October 11 was 3633 yuan / ton, up 2.64% from the price at the beginning of the month.

In the first ten days of October, the international crude oil price first rose and then decreased slightly. The overall price of WTI crude oil increased by 4.86% and Brent crude oil price increased by 4.69%. The overall demand of gasoline market is relatively stable, and it is still in the peak season. With the continuous outflow of bad news in the later period, the industry’s operation enthusiasm is not high, and the domestic refined oil price adjustment is stranded, the demand for replenishment after the festival has not increased, and the gasoline market price has risen. MTBE manufacturers’ shipment has improved, inventory pressure has slowed down, and MTBE quotation has slightly increased slightly; the overall purchasing and marketing atmosphere in southern market is still weak, and the market is mainly stable.

Analysts of MTBE products of energy branch of business agency believe that: there is downward pressure in the international crude oil market, and the domestic gasoline price adjustment is stranded, the gasoline market price drops slightly, and the demand for MTBE and other intermediate materials will decrease, so the domestic MTBE market price is expected to decline slightly.