Spot European MTBE prices cut in half since Sep 1 record high

摘要

European MTBE prices continued to head south at the end October,shedding half its overall value since it hit a record high of usl,245-l,250/mt FOB AR Sep 1.The market has tumbled us633/mt since September to us614-615/mt Oct 31,as falling gasolineaphtha spreads have led to diminished demand for octane-boosting gasoline components in Europe.