On January 6th, the closing volatility of the MTBE external market: The closing price of the Asian MTBE market increased by $9.41/ton compared to the previous trading day, and FOB Singapore closed at $618.86-620.86/ton. The closing price of the European MTBE market increased by $10.25/ton compared to the previous trading day, and FOB ARA closed at $698.99-699.49/ton. The closing price of the MTBE market in the United States decreased by $20.51/ton compared to the previous trading day, and the FOB Gulf offshore price closed at $595.02-595.38/ton (168.01-168.11 cents/gallon).
The closing prices of MTBE markets in Asia and Europe have increased by $9.41/ton and $10.25/ton respectively, indicating strong demand or tight supply, which is favorable for spot prices; The decrease of $20.51 per ton in the US market may be due to local supply-demand imbalances, but overall market sentiment is positive, supporting the upward trend in prices.
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