- MTBE premium over front month gasoline swap stable- The gasoline-naphtha spread is now $74.75-78.95/mt



Spot European methyl Tertiary Butyl Ether
prices dropped Dec. 7, following declines in the downstream energy complex. European MTBE flat prices
fell $15.25/mt, to $983.75/mt FOB ARA. This was due to gasoline prices. The premium MTBE had over the front month gasoline swap was
steady at $317.75-327.85/mt FBO ARA as the Market on Close assessment did not
prove it. Asian MTBE prices dropped $38/mt
to $823/mt FOB Singapore on the day. ETBE
prices dropped to $1,014-1,044/mt FOBAR Dec. 7, with gasoline. However, ETBE's
premium was steady at $30.25-35.50/mtFOB AR in a dull spotmarket. The mix economics declined with the spread between
front-month gasoline and front-month naphtha decreasing $7/mt per day to
$74.75/mt December 7. ICE Brent futures
dropped $1.71/b, to $78.6/b...