As of the close on June 16th, the Asian MTBE market closed at $3.03/ton lower than the previous trading day, with FOB Singapore closing at $705.96-707.96/ton. The closing price of the European MTBE market decreased by $9.5/ton compared to the previous trading day, and FOB ARA closed at $782.74-783.24/ton. The closing price of the MTBE market in the United States decreased by $23.8/ton compared to the previous trading day, and the FOB Gulf offshore price closed at $699.25-699.61/ton (197.44-197.54 cents/gallon).
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