Profit of Shandong’s MTBE plants in September

2015-10-08View Original

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Taking the local refineries in Shandong as an example, the gross profit of the MTBE plants this week was 939 yuan per ton (the calculation takes into account a mixture of C4 hydrocarbons with 15% isobutylene content and methanol, with certain processing costs deducted); this represents a decrease of 492 yuan per ton, or 34.38%, compared to last week. Nevertheless, the overall profit level remains quite satisfactory. Although the price of tetrahydrocarbons before etherification also declined this week, the significant drop in both the price of MTBE and those of tetrahydrocarbons after etherification meant that the profitability of refineries’ MTBE production units remained greatly reduced compared to last week.

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Profit of Shandong’s MTBE plants in September

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