Comprehensive analysis and outlook for the MTBE market in China
China’s new oil product pricing mechanism came into effect on 27 March 2013 following the new consumption tax policy. The resulting price fluctuations have made speculative trading in gasoline and gasoil less lucrative, with traders showing much less enthusiasm. As a result, the gasoline blending market has been sluggish in 2013. Oil majors have maintained high operating rates, but haven’t bought much blended gasoline, opting instead for MTBE and other gasoline blendstocks.
In early 2013, China’s MTBE output had slowed and production ran at reduced capacity. But with the launch of MTBE units with capacities exceeding 100,000 tonnes/year, producers have started mass producing again.
The China MTBE Market Annual Report assesses the current market and forecasts MTBE demand, capacity and output up to 2018. Imports and exports are analysed, as well as critical upstream and downstream sectors including methanol, C4, gasoline, isobutene, methyl methacrylate (MMA) and isobutylene-isoprene rubber (IIR). The impact of government policies on China MTBE consumption is also assessed.
The China MTBE Market Annual Report gives an informed view of how government policies have impacted China’s MTBE consumption. With details of China’s MTBE capacity and output from now until 2018, as well as forecasts and analyses of demand and imports, subscribers will gain a comprehensive insight into where China’s MTBE market is heading.
The ICIS China MTBE Annual Report covers:
The China MTBE Market Annual Report is an invaluable resource for analysts and executives operating in MTBE markets. Featuring analyses of how government policy has affected the MTBE market – with pricing trends, as well as capacity and output forecasts, it will provide crucial market insights for the next five years.
Use the China MTBE Annual Report to:
A boom in investments in China for propane dehydrogenation (PDH) projects to produce propylene is expected to bolster the country’s imports of feedstock propane.
China is aiming to slow energy consumption in 2011-2015, as part of its efforts to correct overuse and foster greener economy.
China is expected to boost its gasoil and gasoline exports from 2014, because the world’s second-largest economy is likely to face an oversupply in its fast-growing refining capacities, industry sources said.