Chemical Updates

Asia MTBE: Prices decline in Singapore and China / Sep offer for Chinese-origin cargoes reported / Hengyuan buys Oct cargoes via tender

Aug 29, 2026

Asian MTBE FOB Singapore at $962.46/ metric ton on Aug. 28, down $10.35/mt day over day, with the cash differential to the FOB Singapore 92 RON gasoline Mean of Singapore Strip (15- 40 days) declining to plus $5.78/barrel. Prices for Chinese-origin cargoes also moved slightly lower, with focus slowly shifting to October-loading barrels, traders said. At the Asian close Aug. 28, the FOB China marker was down $5/mt to $945/mt, according to data. A buyer in Singapore cited an offer for September-loading cargoes at about $950/mt, although no cargoes were reported to have been traded. “The price is not right. We would like to wait and find another way to manage,” the buyer said. Another trader in Singapore said the offer seemed quite low, given that Chinese cargoes have been...

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