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MTBE is used as an additive to boost the octane level in gasoline.

Focus Asia MTBE to extend gains on lower supply, firm gasoline prices

Focus story by Trixie Yap

SINGAPORE (ICIS)--Asia’s spot methyl tertiary butyl ether (MTBE) prices are expected to extend gains in the short term from the previous week on the back of lower supply in the market and higher gasoline prices, according to market participants.

The spot prices of MTBE have rebounded and risen to $1,013-1,015/tonne FOB (free on board) Singapore on 1 September, an increase from $992-994/tonne FOB Singapore from 4 August, according to ICIS data.

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