On December 5th, the closing price of MTBE in the overseas market fluctuated: the closing price of MTBE in Asia decreased by 0.29 US dollars/ton compared to the previous trading day, and FOB Singapore closed at 649.5-651.5 US dollars/ton. The closing price of the European MTBE market has increased by $1/ton compared to the previous trading day, with FOB ARA closing at $774.49-774.99/ton. The closing price of the MTBE market in the United States decreased by $20.55/ton compared to the previous trading day, and the FOB Gulf offshore price closed at $673.29-673.65/ton (190.11-190.21 cents/gallon).

The closing price of MTBE in the Asian market decreased by 0.29 USD/ton to 649.5-651.5 USD/ton, indicating weak demand; The US market has significantly lowered its price by $20.55/ton to $673.29-673.65/ton, indicating significant pressure from oversupply or weakened demand; Although the European market slightly rose by $1/ton to $774.49-774.99/ton, the increase was not enough to offset the global downward trend. The overall bearish impact on MTBE spot prices is generally strong, and short-term price pressure is expected.

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