Crude oil prices rose sharply, gasoline market prices rose slightly, demand for intermediate materials such as MTBE increased, and the market price of MTBE rose. The price of MTBE on November 27 was 2800 yuan / ton, up 3.64% from the beginning of the week, according to business agency data.

In November, the international oil price continued to push up, and has been rising for four consecutive weeks. At the same time, the weather turned cold, car travel increased, and gasoline demand was guaranteed. The purchasing intention of MTBE and other intermediate materials is positive, the market transaction atmosphere is good, and MTBE manufacturers actively push up. In addition, the overall operating load of domestic MTBE units is at a low level in the short term, and the supply of MTBE market is tight, which provides certain support for the market price of MTBE. Overall, rising crude oil and gasoline prices and tight supply in the MTBE market boosted the price of MTBE market.

According to MTBE product analysts of energy branch of business agency, the international crude oil price has risen to a periodic high, and the demand of gasoline market is lack of substantial positive integration. The tightening of MTBE market supply alone can not bring much improvement to MTBE market price. It is expected that domestic MTBE prices will rise steadily in the short term.