European MTBE prices climbed 18.50/mt to close at US585.50-586.50/mt FOB Rdam on firm demand for April-loading parcels,bucking the trend of successive price falls last week.Earlier in the day,a producer bid lots for any-April at US565/mt FOB,with further buy ideas heard at US568/mt FOB AR.Sellers however could not be located at these levels.In afternoon trade,the producer offered April parcels at US595/mt FOB AR,while a trader bid a 2kt lot for April at US570/mt FOB AR.
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