Mtbe Annual Report from Icis

7/23/2019 Mtbe Annual Report from Icis

1/3

China Methyl TertiaryButyl Ether (MTBE)

Annual Study

The ICIS China MTBE Annual Studyis a comprehensive overview of the MTBE market in China,

with a ve-year forecast and objective analyses of this rapidly evolving market.

For international players who want to get up to speed with this rapidly evolving market, this is an

indispensable reference as it outlines supply and demand, import/export levels and price trends with

both current and forecast data. The study draws market intelligence directly from the region, ensuring

that you gain unparalleled insight into Chinas MTBE market.

Overview

Chinas MTBE production capacity and output have been growing rapidly in 2009-2014. The

countrys MTBE production capacity almost doubled from 2009 to 10.96m tonnes/year as of 30 June

2014. About 3.1m tonnes of MTBE were produced in the rst half of 2014, equivalent to the annual

MTBE output in 2009. The largest MTBE plant in China with a single capacity of 500,000 tonnes/

year was launched in April 2014. Changes in feedstock sources have also boosted Chinese reners

MTBE output. The capacity expansion situation and the improvement of the quality pose a threat to

international exporters China sales market.

On the demand side, the main consumer of MTBE in China is gradually switching from private

blending traders to reners. With policies regarding oil products and circulation improving, it will be

more difcult for Chinese gasoline blending traders to survive. Spot supply of MTBE will fall sharply,

and more trades will be conducted directly between factories.

The opportunities for China export MTBE are increasing. However, due to a long period of tax

refunds, the prot in exporting for local producers is not as good as just conducting business in

China. International traders and downstream users are looking into the possibility to import MTBEfrom the China market.

The ICIS China MTBE Annual Study will enable you to access in-depth information to better

understand how the Chinese market will fare in the next ve years, and how the market outlook is

being affected by recent developments in the local market.

Highlights of the report

China MTBE consumption and capacity in 2010-2014

Forecast of China MTBE demand, capacity and output until 2019

Feedstock analyses of MTBE, including isobutene

Analyses on MBTE upstream and downstream sectors, including methanol, C4, gasoline,isobutene, methyl methacrylate (MMA) and isobutylene-isoprene rubber (IIR)

Impacts of government policies on Chinas MTBE consumption, such as gasoline quality upgrade

and new value-added tax

Chinas MTBE imports and exports, import sources and features in the import market

Key topics covered

Gain a clear insight into the China MTBE market situation and outlook

Plan trading and procurement strategies in China for the next five years

Understand the factors influencing the market, including domestic policies, feedstock prices,

seasonal changes and other gasoline products

Evaluate the likelihood of China exporting MTBE in the coming years

Trends

Data

Analysis

www.icis.com/china_mtbe

Enquire about the China MTBE Annual Study >>
http://www.icis.com/china_mtbehttp://www.icis.com/china_mtbehttp://www.icis.com/china_mtbe


2/3

Trends

Data

Analysis

Table of ContentsPART I: CHINA 2014 MTBE MARK ET OVERVIEW

PART II: CHINA MTBE PRODUCTION (2014)

PetroChinas MTBE Supply

Sinopecs MTBE Supply

CNOOCs MTBE Supply

MTBE Supplies from Other Reners

PART III: MTBE DEMAND IN CHINA (2014)

Gasoline Market and MTBE Demand from Gasoline Blending

Isobutene Market and Its Demand for MTBE

MMA Market and Its Demand for MTBE

IIR Market and Its Demand for MTBE

PART IV: CHINA MTBE IMPORTS AND EXPORTS (2014)

MTBE Imports by Origin

MTBE Imports by Customs

Major MTBE Importers in China

PART V: CHINAS MTBE PRICE TREND (2014)

International Crude/Domestic Gasoline Price vs MTBE Prices

Inuence of Seasonal Changes on MTBE Prices

Inuence of Feedstock Costs on MTBE Prices

Import and Export Margins of MTBE

PART VI: CHINAS MTBE MARK ET OUTLOOK (2015-2019)

MTBE Production Outlook

Outlook for Chinas MTBE Imports and Exports

MTBE Demand Outlook

MTBE Price Trend

PART VIII: FEEDSTOCKS FOR MTBE PRODUCTION IN CHINA (2014)

Methanol Market and Its Impact on MTBE Market

C4 Market and Its Impact on MTBE Market

PART IX: SUBSTITUTES FOR MTBE

Methanols Substitution for MTBE

Ethanols Substitution for MTBE

MMTs Substitution for MTBE

PART VII: POLICIES AFFECTING CHINAS MTBE MARK ET AND HOT ISSUES (2014)

China Launches New Fuel Pricing Scheme; Closer Link to International Market

China Unveils Fuel Upgrade Cost; A Step Closer to Perfect Pricing Scheme

China Likely to Exempt MTBE from Consumption Tax

PART XII: INTRODUCTION TO MTBE

Physical Properties

Classication and Application

PART X: APPENDICES

Chinas MTBE Supply and Demand Sheet (2008-2018E)

Chinas MTBE Producers

Major MTBE Producers in Asia (2014)

MTBE Prices in China and International Markets (January-September 2014)

Newly-Built/Expanded MTBE Units in China (2014-2018)

Specications of China Gasoline National Standards

With over 30 years in the industry, ICIS is recognised internationally as a leading source of market information.

Our insights on the Chinese market provided by our local-based experts in the region, combined with the expertise

of our global analytical team, ensure that global market players receive unrivalled and independent insights intoChinas opaque MTBE markets.


Annual Study




3/3

Snapshots

Chinas MTBE Production Capacity and Output

(2009-H1 2014)

Chinas MTBE imports by Origin

(May 2014)

Chinas MTBE imports by Customs

(January-May 2014)


Annual Study

2%

18%

17%

28%

20%

5%

10%

Brazil

Qatar

Malaysia

Saudi Arabia

Taiwan

Thailand

Singapore

Source: GAC

6%

20%

25%

3%

23%

2%

15%

5%1%

Guangzhou

Hangzhou

Huangpu

Jiangmen

Nanjing

Qingdao

Shanghai

Shenzhen

Zhanjiang

Source: GAC

5.17

6.19

7.45

8.20

10.06

10.96

3.10

3.984.31

5.15

6.18

3.10

0%

20%

40%

60%

80%

100%

0

2

4

6

8

10

12

2009 2010 2011 2012 2013 H1 2014

Production capacity (left axis) Output (left axis)

Operating rate (right axis)

m tonnes

Source: ICIS China



Mtbe Annual Report from Icis

Documents

Transcript of Mtbe Annual Report from Icis