- MTBE Premium reaches a new record at $592.75-620/mt- The gap between the gasoline-naphtha spread and



Due to a weaker downstream complex, the
spot European methyl Tertiary Butylether price dropped on June 15. European MTBE was valued
at $1,897.75-1,930.50/mt FOB AR, down $26.50-31.50/mt
was the average price for the day, despite the buying interest during the
Market. 1000 mt was offered at $1,897.50-1,930.50/mt
in lower gasoline prices. The premium for
European MTBE over gasoline grew to a record $592.75-620.50/mt up 14 75/mt was the same as the previous day. The gap between front-month gasoline vs front-month naphtha
was $17 narrower 50/mt increased to $515
on the day. 25-30/mt June 15. Sources said that blending economics for octane boosts were tight
despite cheaper naphtha. This was because octane boosters were hard to find. Eurostat data from June 15 revealed that...