On April 29, closing prices in the international MTBE market were revised upward: The Asian MTBE market saw its closing price rise by $22.10/ton compared to the previous trading day, with FOB Singapore settling at $1,053.98–$1,055.98/ton. The European MTBE market's closing price increased by $50.75/ton from the previous session, with FOB ARA settling at $1,188.74–$1,189.24/ton. The U.S. MTBE market's closing price rose by $50.65/ton compared to the previous day, with FOB Gulf Coast prices settling at $1,254.34–$1,254.69/ton ($354.17–$354.27/gallon). This trend reflects strong market demand or tightening supply conditions, constituting a significant bullish factor for MTBE spot prices and is expected to drive further gains in the spot market.

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