Asian MTBE price records steepest fall in nearly 2 months on sagging demand

摘要

Singapore — The Asian MTBE flat price plunged $31/mt Tuesday when compared with Monday on the back of lackluster demand and a weak energy complex, Platts data showed. The FOB Singapore marker for MTBE ended at $1,181/mt Tuesday, following its sharpest fall in almost two months. The last time the price fell to this extent was July 23, when it also fell by $31/mt to be assessed at $1,094/mt. The marker at $1,181/mt Tuesday was also near a two-week low. The last time it was lower was on September 6, when it ended at $1,168/mt.