On October 22nd, the closing price of MTBE in the overseas market fluctuated: the closing price of MTBE in Asia increased by 8.39 US dollars/ton compared to the previous trading day, and FOB Singapore closed at 634.11-636.11 US dollars/ton. The closing price of the European MTBE market increased by $12.75/ton compared to the previous trading day, and FOB ARA closed at $863.24-863.74/ton. The closing price of the MTBE market in the United States increased by $14.06/ton compared to the previous trading day, and the FOB Gulf offshore price closed at $836.53-836.88/ton (236.20-236.30 cents/gallon).

This indicates strong global MTBE spot demand or tight supply, which may be influenced by the energy market and pose short-term upward pressure on spot prices.

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