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Updated to Q4 2017
Supply increased due to plant resumption in October following late-August to September shutdowns in the wake of Hurricane Harvey. Huntsman’s Port Neches plant underwent an extended turnaround and was said to be back at full production by mid-October. Other plants had delays from the storm but none were said to experience major outages or production problems. According to US government figures, total oxygenate plant production at MTBE sites in the month of October stood at 1.492m bbl, up over 500,000 bbl from September, indicating a strong rebound from September.
International demand for the gasoline additive continued to be strong, with interest high in Mexico and Latin American markets as the product is chiefly exported. Of the 1.130m bbl exported from US shores in October, Mexico received 75% of that total figure, about 856,000 bbl. Chile took in the remaining 274,000 bbl, according to the US Energy Information Administration.
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ICIS price assessments are based on information gathered from a wide cross section of the market, comprising consumers, producers, traders and distributors. Confirmed deals, verified by both buyer and seller, provide the foundation of our price assessments, giving you a robust reference for your negotiations.
ICIS collects pricing data on a wide range of chemical, energy and fertilizer products, including Methyl tertiary butyl ether. Our extensive experience in price reporting means we can offer you access to historical data dating back more than 20 years for certain commodities.
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ICIS price assessments are based on information gathered from a wide cross-section of the market, comprising consumers, producers, traders and distributors from more than 250 reporters world-wide. Confirmed deals, verified by both buyer and seller, provide the foundation of our price assessments.
Our in-depth market knowledge drives our specialist focus, as we recognise the importance of individual market dynamics and not a one-size-fits-all approach.
Over 25 years of reporting on key chemicals markets, including Methyl tertiary butyl ether, has brought global recognition of our methodology as being unbiased, authoritative and rigorous in preserving our editorial integrity. Our global network of reporters in Houston, London, Singapore, Shanghai, Guangzhou, Mumbai, Perth and Moscow ensures unrivalled coverage of established and emerging markets.