China Methyl Tertiary

Butyl Ether (MTBE)

Annual Study
The ICIS China MTBE Annual Study is a comprehensive overview of the MTBE market in China,
with a five-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.

Trends

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 first 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 refiners
MTBE output. The capacity expansion situation and the improvement of the quality pose a threat to
international exporters China sales market.

Data

On the demand side, the main consumer of MTBE in China is gradually switching from private
blending traders to refiners. With policies regarding oil products and circulation improving, it will be
more difficult 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 profit 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 MTBE
from the China market.

Analysis

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 five 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

Enquire about the China MTBE Annual Study >>

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China Methyl Tertiary

Butyl Ether (MTBE)
Annual Study
Table of Contents
PART I:

CHINA 2014 MTBE MARKET OVERVIEW

PART II:

CHINA MTBE PRODUCTION (2014)

PetroChinas MTBE Supply

Sinopecs MTBE Supply

CNOOCs MTBE Supply

PART III:

Trends

MTBE Supplies from Other Refiners

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

PART IV:

IIR Market and Its Demand for MTBE

CHINA MTBE IMPORTS AND EXPORTS (2014)

PART V:

MTBE Imports by Origin

MTBE Imports by Customs
Major MTBE Importers in China
CHINAS MTBE PRICE TREND (2014)

International Crude/Domestic Gasoline Price vs MTBE Prices

Data

Influence of Seasonal Changes on MTBE Prices

Influence of Feedstock Costs on MTBE Prices

PART VI:

MTBE Production Outlook

Outlook for Chinas MTBE Imports and Exports

MTBE Demand Outlook

PART VIII:

MTBE Price Trend

FEEDSTOCKS FOR MTBE PRODUCTION IN CHINA (2014)

Analysis

Import and Export Margins of MTBE

CHINAS MTBE MARKET OUTLOOK (2015-2019)

PART IX:

Methanol Market and Its Impact on MTBE Market

C4 Market and Its Impact on MTBE Market
SUBSTITUTES FOR MTBE

Methanols Substitution for MTBE

PART VII:

PART XII:

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
INTRODUCTION TO MTBE

PART X:

MMTs Substitution for MTBE

POLICIES AFFECTING CHINAS MTBE MARKET AND HOT ISSUES (2014)

Ethanols Substitution for MTBE

Physical Properties
Classification and Application
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)

Specifications 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 into
Chinas opaque MTBE markets.

Enquire about the China MTBE Annual Study >>

www.icis.com/china_mtbe

China Methyl Tertiary

Butyl Ether (MTBE)
Annual Study
Snapshots
Chinas MTBE Production Capacity and Output
(2009-H1 2014)
m tonnes
12

10.96

100%

10.06
10
7.45

8
6.19
6

60%

6.18

5.17

5.15
4.31

3.98

80%

8.20

40%

3.10

3.10
20%

2
0

2009

2010

2011

2012

Production capacity (left axis)

Source: ICIS China

2013

H1 2014

Output (left axis)

Operating rate (right axis)

Chinas MTBE imports by Origin

(May 2014)

Chinas MTBE imports by Customs

(January-May 2014)

2%

1%
5%

10%

6%
Guangzhou

18%

5%

0%

Brazil

Malaysia
Saudi Arabia

20%
17%

Hangzhou

15%
20%

Qatar

Huangpu
Jiangmen

2%

Nanjing

Taiwan

Qingdao

Thailand

Shanghai

Singapore

23%
25%

Shenzhen
Zhanjiang

28%
Source: GAC

Source: GAC

3%

Enquire about the China MTBE Annual Study >>

www.icis.com/china_mtbe