According to the monitoring data of business agency, on October 12, the price of MTBE in Shandong was 6690 yuan / ton, an increase of 2.14% over the previous working day and 84.13% year-on-year. MTBE market is supported by raw material cost, and the price continues to rise. Crude oil continued to rise, giving favorable support to the market. Coupled with the high prices of various raw materials, MTBE market continued to rise, with an increase of about 50-150 yuan / ton.
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