MTBE/Ethanol:Rises

摘要

In Europe,MTBE rose us13.50/mt FOB AR Thursday,as June numbers were pegged higher on volatile mogas.Early day June talks were heard at us450-460/mt FOB AR,with July heard at us430-450/mt FOB AR.Markets were however thinly traded.One trader said that players had concluded the majority of June business,and with July material backwardated,it made sense to abstain from the market.A July deal was rumored done at a factor of 1.13 to gasoline.