The Methyl tertiary butyl ether (MTBE) markets are covered both weekly and daily by ICIS in Asia, Europe and the US. These up-to-date, reliable and informative reports provide vital, unbiased updates to those involved with the industry and allows players to make confident and informed business decisions.
The weekly reports contain spot price assessments for this gasoline blending component over the week and at close of business Friday. Market commentary gives details of deals taking place, domestic news, gasoline updates and graphs. The daily reports focus on price assessments for MTBE, gasoline and related market quotations, with an overview of the day’s activity.
Updated to Q3 2019
Supply of MTBE decreased on upstream maintenance shutdowns of crude oil refineries and problems encountered at several MTBE plants, leading to shutdown and/or reduced operation at these sites. The market generally saw a reduction of available spot cargoes. Into September, attacks on Saudi oil facilities and an explosion at India’s MTBE unit in Haldia further heightened the tightness situation.
Demand for MTBE increased on improved demand of the downstream product gasoline. Wider spread between different RON grades was seen, due to relatively tighter high RON gasoline. Blenders tended to purchase more MTBE to make higher RON gasoline under better margin.
Methyl tertiary butyl ether (MTBE) supply was curtailed by turnarounds at some refineries and at major producer Evonik over the summer, but increased overall. Other producers have prioritised MTBE production, particularly those with ethyl tertiary butyl ether (ETBE) switch capacities, while imports were also high in volume early in the quarter. By September, additional demand was not anticipated, thinning imports from Brazil at times, while Middle East imports were ongoing.
Demand for MTBE increased this summer, with the component clearly attractive for its blending as well as production margins. In some cases, suppliers were short of spot stocks to supply demand, while rivals like toluene saw poorer uptake.
US methyl tertiary butyl ether (MTBE) supply was steady during the third quarter, with no major production hiccups. Total domestic production was stronger during the quarter, and exports of the product increased accordingly with the top two destinations for US product being Mexico and Chile.
Demand for US-produced MTBE, which is chiefly exported to international markets, continued to be robust. MTBE is added to gasoline to boost octane levels. Mexico was the top destination for the oxygenate, with Chile, Venezuela and Belgium receiving product as well. MTBE was phased out in the US in favour of corn-based ethanol.
We offer the following regional Methyl tertiary butyl ether analysis and news coverage to keep you informed of factors and developments affecting prices in the Methyl tertiary butyl ether marketplace.
News & analysis
Regional price assessments, published daily or weekly, enabling you to keep track of trading prices, understand price drivers/fluctuations and set a benchmark for contract price settl ements. ICIS offers reports on over 180 commodities across the global petrochemical, energy and fertilizer markets. Information covered in our price reports includes:
Information is accessed online, via the ICIS dashboard service and is configurable to suit your preferences.
Produced by the ICIS Consulting team, these reports give a robust rolling 12-month price forecast, trade balances and in-depth analysis into where markets are heading – providing a valuable tool to support your short- to medium-term plans.
ICIS pricing intelligence is delivered to you online via the ICIS dashboard. Here you can view your reports and also access other useful services including related news, analysis, historical data and market alerts.
ICIS dashboard also makes it easy for you to create pricing charts, download price history and export data to create tailored analytical models.
ICIS weekly margin reports deliver the detail you need to understand how production costs and prices are affecting margins, enabling you to judge the likely impact on your business and optimise your upstream and downstream business decisions.
The Supply and Demand Window on the ICIS Dashboard provides a snapshot view of historical and forecast information for supply and demand, production capacity and trade flows – a key tool to help safeguard future investments within the chemicals market.
24-hour global coverage of breaking news in the petrochemical industry, including updates on production, shutdowns and key transacted deals, keeping you informed of market developments as they happen. The ICIS news service allows you to customise the market alerts delivered to your email inbox, providing the business-critical information you need straightaway.
If you want to keep updated on the factors driving price movements in the global chemical markets, ICIS Chemical Business provides a summary of the information you need to support your business decisions. Every week, our global team of experts digests and summarises the key issues and their potential impact on the market – all in one magazine.
An expert view of supply and demand comprising four fully-reconciled databases, giving you access to extensive data for more than 100 markets. Information is included on global and regional trade flows, production, capacity and sources of demand in the short-, medium- and long-term. Data can be downloaded, customised and queried to support your planning requirements and your strategic decisions.
ICIS provides specialist training courses across the global petrochemicals, base oils and fertilizers industries. Our training team of industry experts can help you increase your knowledge of the industry and gain the insight and know-how needed to operate and trade effectively.
Find out more about ICIS training courses >>
ICIS produces a series of highly informative and timely conferences. Extensive research is carried out to ensure that each programme delivers the information you need and addresses current industry issues. We source speakers who have the appropriate expertise and experience to deliver excellent quality papers.
Find out more about ICIS conferences >>
Working closely with you to understand your strategies, challenges and ambitions, the ICIS consulting team deliver tailored advice and solutions to suit your unique requirements. With many years’ experience of guiding business leadership teams, we show you how market conditions can make a positive or negative impact on your long-term plans.
ICIS expert consultants can provide your organisation with the insight, intelligence and data needed to build and grow your business in China. We can help you to gain a clear view on the short and long-term supply and demand picture in the chemicals, energy, iron and steel, non-ferrous metals and paper and pulp markets in China.
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.
Around 95% of MTBE produced is used as an octane booster and oxygenate in gasoline.
Methyl tertiary butyl ether (MTBE) is a colourless, flammable liquid with a characteristic ether odour. It is soluble in water, alcohol and ether and unstable in acidic solutions. MTBE is highly flammable and can form peroxides on storage.
Around 95% of MTBE produced has been used as an octane booster and as a oxygenate in gasoline. One of its major advantages is its good blending properties and for increasing the octane levels of lead-free gasoline.
MTBE can also be used to make high-purity isobutylene, which can be further processed to make butyl rubber, highly reactive polyisobutylene, methyl methacrylate (MMA) and other smaller derivatives.
MTBE is also used as a solvent and extractant.
PARIS (ICIS)--Global recycling rates are set to boom in coming decades but demand for crude oil from the petrochemicals industry is set to continue rising as emerging economies urbanise, the...Read
LONDON (ICIS)--Economic sentiment in Germany improved substantially in November, according to economic research group Zew on Tuesday. The indicator jumped 20.7 points on the previous month. Despite...Read
SINGAPORE (ICIS)--Discussions for epoxy resins in Asia were mostly range-bound this week, defying for now the downtrend seen in China’s domestic market. Any further losses in China, however, could...Read