As of the close on September 1st, the closing price of the Asian MTBE market has increased by $2.16 per ton compared to the previous trading day, with FOB Singapore closing at $669.13 to $671.13 per ton. The closing price of the European MTBE market increased by $29/ton compared to the previous trading day, and FOB ARA closed at $918.99-919.49/ton. The MTBE market in the United States is closed for Labor Day.

On September 2nd, MTBE production enterprises in Shandong Province raised their quotations:

The MTBE quotation of Shandong Chengtai New Materials has been raised by 50 RMB/ton to 5,050 RMB/ton.

Lihua Yilijin Petrochemical's MTBE quotation has been raised by 30 RMB/ton to 5,060 RMB/ton.

Shandong Shenchi Chemical MTBE does not currently provide a quotation.

Shida Shenghua's MTBE quotation has been raised by 70 RMB/ton to 5,130 RMB/ton.

Dongming Qianhai Chemical's MTBE quotation has been raised by 20 RMB/ton to 5,020 RMB/ton for bidding.

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