Asia MTBE: Chinese prices firm; Singapore prices fall / Chinese producers focus on term sales / Hengyuan issues fresh buy tender

Oct 12, 2026

Asian MTBE FOB Singapore was assessed at $1,170/metric ton on Oct. 9, down $43.29/mt day over day from Oct. 8, with the cash differential to FOB Singapore 92 RON gasoline Mean of Singapore Strip (15-40 days) stable at $10.42/b. Spot prices moved lower as upstream oil prices edged downwards. Crude oil futures fell slightly during Asian afternoon trading on Oct. 9 after US President Donald Trump announced a preference for a more diplomatic approach to resolving the conflict, easing fears of further escalation. But Chinese MTBE prices made small gains on the day. At the Asia close on Oct. 9, the FOB China marker was assessed up $5/mt at $1,145/mt, data showed. A large cargo of Chinese origin MTBE was heard sold to a Latin American buyer via tender for...

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