Taiwan’s CPC buys 10,000 tonnes MTBE for January-February

07 December 2010 11:28  [Source: ICIS news]

SINGAPORE (ICIS)--Taiwan’s CPC Corp has bought via tender 10,000 tonnes of term methyl tertiary butyl ether (MTBE) for delivery in January and February, traders said on Tuesday.

The cargoes fetched a premium of $10-15/tonne (€7.50-11.3/tonne) to market quotes on a delivered basis, they added.

MTBE is used as additive to boost octane levels.

($1 = 0.75)

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By: Felicia Loo



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