As of the close on January 8th, the closing price of the Asian MTBE market has increased by $1.95/ton compared to the previous trading day, with FOB Singapore closing at $608.32-610.32/ton. The closing price of the European MTBE market increased by $14.75/ton compared to the previous trading day, and FOB ARA closed at $705.74-706.24/ton. The closing price of the MTBE market in the United States increased by $35.88/ton compared to the previous trading day, and the FOB Gulf offshore price closed at $623.43-623.78/ton (176.03-176.13 cents/gallon).
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