Taiwan CPC buys 15,000t MTBE for Sept-Oct delivery
30 July 2010 09:12 [Source: ICIS news]
SINGAPORE (ICIS)--Taiwan’s CPC Corp has bought by tender 15,000 tonnes of methyl tertiary butyl ether (MTBE) for delivery in September and October, market sources said on Friday.
The MTBE was bought at a premium of $10.00-15.00/tonne (€7.06-11.40/tonne) to Singapore quotes FOB (free on board), they said.
On Friday MTBE prices were assessed at $740-750/tonne FOB Singapore, ICIS data showed.
($1 = €0.76)
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By: Felicia Loo
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