China’s Wanhua Chemical exports MTBE after 9 months

Source: ICIS News


SINGAPORE (ICIS)--China’s Wanhua Chemical exported 5,000 tonnes of methyl tertiary butyl ether (MTBE) for the first time in nine months, a source close to the company said on Tuesday.

The cargo was sold in the week ended 12 April, to a Singapore buyer on a fixed price term between $720-730/tonne on an FOB China basis for end-April loading, the source said.

The company last exported MTBE out of China in Q3 2018.

Wanhua operates an 820,000 tonnes/year MTBE unit in Yantai, China.