- MTBE premium Stable at $462.75-480.50/mt- The gasoline-naphtha spread
reaches $294.50-320.50/mt





Spot prices for European methyl tertiary
ether fell on July 26, in line with lower gasoline prices and unchanged
market fundamentals. European MTBE price outright was down
$1.75-2.50/mt during the day to $1,495.50-1,530.50/mt FOB ARA. The premium
for the Eurobob swap was stable at $462.75-480.50/mt F.O. ARA. There was no
activity during Commodity Insights Market on Close July 26. MTBE prices
rose from $86-92/mt in Asia to $1,083-1,100/mt FOB Singapore on July 26, due to higher
upstream energy prices. European spread between front-month
gasoline and front-month naphtha was $294.50-320.50/mt. This increased by $5.75-6.50/mt
each day. The spot price of ethyl-tertiary butyl ether also dropped to $1,810.50-1,850.50/mt in line with gasoline. The ETBE
premium was steady at $315-350/mt FOB Ar in a muted spot marketplace. As Russian...