With China’s Methyl Tertiary Butyl Ether prices moving in different directions, it is critical for market players to be informed on the changing dynamics and market sentiments. Published and derived by our local industry experts, our on-the-ground price reporting, insights and data analytics solutions provide the following:
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Methyl tertiary butyl ether (MTBE) spot weekly prices rose by 3.4% from mid-August to $1,139–1,196/tonne (€851–894) CFR (cost & freight) China in mid-November.
The prices increased by 5.3% to $1,129–1,136/tonne CFR Singapore over the same period, while prices on a FOB (free on board) Singapore-basis were 5.7% higher at $1,119–1,126/tonne.
Prices increased in tandem with London Brent crude futures, which increased by 7.5% in the week ending 11 November to $114.30/bbl at the close of Asia trading.
The MTBE market faced tight supply because of plant maintenance in the Middle East. Blending demand surged in Singapore, as Shell Singapore actively sought gasoline following a fire incident in late September, which led to the shutdown of its 500,000 bbl/day refinery at the Bukom site.
However, Chinese demand was on a need-to basis because of weaker car sales growth. In China, buying interest receded after a reduction in gasoline prices by yuan 300/tonne, or 3.2%, in October.
Huge MTBE imports limited the crude-driven gains in CFR China prices, while domestic production increased after the end of maintenance and new plant start-ups.
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 China 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.
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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.
Around 95% of MTBE produced is used as an octane booster and oxygenate in gasoline.
ICIS publishes weekly pricing information for China’s volatile MTBE markets. The report gives you access to the latest import CFR China main ports and domestic ex-tank prices for a more reflective view of the market.
The report also includes market commentaries such as hot topics and changes in government policies, as well as plant production statuses and weekly inventory levels, to help industry players understand the drivers of the price movements and changes in this market.
Together with each pricing report subscription, ICIS now provides the following diagnostic and prescriptive solutions for China MTBE, to help you make critical business decisions in and out of China and plan for the future:
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.
Our time series of pricing data enables you to build and model trends, to get a view of where markets might be heading. The data service includes charting functionality, allowing you to chart and download multiple data series for manipulation in your own internal models. You can also export data to Excel via the ICIS dashboard service.
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