MTBE buying, selling interest seen during
MOC ICE Brent futures down 14 cents/bl 



Spot European methyl
Tertiary Butyl Eth prices rose on April 20 due to increased trading activity
during the Market on Close assessment process by Commodity Insights. Total offered 1,000 mt for front-loading at $1,181/mt to
Total, and there were no bids. This disproved the MTBE-EBOB relationship from
the previous day. Two trades were made
earlier at $1,180-1,200/mt to front-end loading. Finco bought 1,000 mt of Total
twice. The outstanding offer disproved the
traded level. The flat price of products of
Russian origin seemed to be higher than the open-origin product. FinCo accepted
Lyondell's offer for 1,000 mt all-origin product for mid-window loading at
$1.191/mt. Lyondell's outstanding bid for
1,000 mt was still available at $1,180-1,200/mt front-end loading. Concerning the Northwest European gasoline market,...