MTBE FOB China prices hit over seven-month high as sellers look to the west

Prices for MTBE loading from China reached a more than seven-month high Feb. 4, supported by healthy buying interest from arbitrage markets despite weak sentiment in the nearby Straits region, according to Platts assessments and Asia-based traders, brokers and producers. Platts, part of S&P Global Energy, assessed MTBE FOB China at $650/metric ton on Feb. 4, up $10/mt day over day, marking thePrices for MTBE loading from China reached a more than seven-month high Feb. 4, supported by healthy buying interest from arbitrage markets despite weak sentiment in the nearby Straits region, according to Platts assessments and Asia-based traders, brokers and producers. Platts, part of S&P Global Energy, assessed MTBE FOB China at $650/metric ton on Feb. 4, up $10/mt day over day, marking theRead More