Asia MTBE snaps five weeks of losses; downward pressures remain

摘要

SINGAPORE (ICIS)--Asia's methyl tertiary butyl ether (MTBE) prices rebounded this week, riding on recent gains in Brent crude futures, but downward pressures remain due to long supply and weak downstream gasoline consumption. On 12 November, MTBE prices were assessed at $656-658/tonne FOB (free on board) Singapore, up by $11/tonne from 9 November, according to ICIS data.