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Asian MTBE: Price rises tracking uptick in crude oil  / Market fundamentals steady despite price fluctuations  / China MTBE market activity stable

Asian MTBE: Price rises tracking uptick in crude oil / Market fundamentals steady despite price fluctuations / China MTBE market activity stable

Jun 06, 2026

Asian MTBE FOB Singapore at $670.30/mt on Nov. 14, up $9.37/mt from Nov. 13, tracking an uptick in crude oil futures. Crude oil futures rose during midafternoon Asian trade on Nov. 14 as a Ukrainian drone attack on Russia’s Black Sea port of Novorossiisk reignited concerns about crude supply risks. At 2:47 pm Singapore time (0647 GMT), the ICE January Brent futures contract rose by 89 cents/b (1.41%) from the previous close to $63.90/b, while the NYMEX December light sweet crude contract rose by 93 cents/b (1.58%) from the previous close to $59.62/b. Asian MTBE market fundamentals remained steady, with “price fluctuations mainly due to upstream market volatility,” an Indonesia-based producer said. Thin spot trading discussions were heard. Activity in the Chinese MTBE market remained stable, with MR cargoes moving...

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