On February 25th, the closing volatility of the MTBE external market: The closing price of the Asian MTBE market decreased by $2.19/ton compared to the previous trading day, and FOB Singapore closed at $692.19-694.19/ton. The closing price of the European MTBE market remained unchanged from the previous trading day, with FOB ARA closing at $802.49-802.99 per ton. The closing price of the MTBE market in the United States increased by $12.46/ton compared to the previous trading day, and the FOB Gulf offshore price closed at $729.85-730.21/ton (206.08-206.18 cents/gallon).

The article shows that MTBE spot prices have shown differentiation in the global market: the closing price of the Asian market (FOB Singapore) has dropped by $2.19/ton, reflecting local loose supply or weak demand, constituting a slight bearish trend; The FOB ARA prices in the European market remain stable, indicating a balance between supply and demand and a neutral impact; The closing price of the US market (FOB Gulf) has significantly increased by $12.46 per ton, indicating strong demand or tight supply, which constitutes a significant positive factor. Overall, the positive sentiment is dominated by the US market, and the upward adjustment is much greater than the downward adjustment in Asia, which has a general positive impact on MTBE spot prices. It is expected that short-term spot prices may rise slightly due to support from US demand.

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