In the fourth quarter of 2021, MTBE prices in the United States increased in comparison to the previous quarter of 2021. Prices reached a high in November, hovering around 898 USD/MT and 956 USD/MT FOB USGC. As the New Year approached, prices fell slightly, and the number of new Omicron cases increased in the final week, but the market remained strong overall. The price was supported by a lack of coal, as well as an increase in the cost of methanol and isobutylene. Weak trade activity and abundant product availability contributed to a low price by year's end.
Procurement Resource provides latest prices of MTBE (Methyl Tert-Butyl Ether). Each price database is tied to a user-friendly graphing tool dating back to 2014, which provides a range of functionalities: configuration of price series over user defined time period; comparison of product movements across countries; customisation of price currencies and unit; extraction of price data as excel files to be used offline.
Procurement Resource provides prices of MTBE for several regions around the globe, which are as follows:
MTBE or Methyl Tert-Butyl Ether is basically a colourless liquid with a distinctive anaesthetic-like odour. Its vapours are heavier than air. Its boiling point is about 131°F while its flash point is about 18°F. It is also less dense than water and soluble in it. It belongs to the group of chemicals commonly known as oxygenates that increase the oxygen content of gasoline. It is utilised as an octane booster in gasoline.
Chemical Formula of MTBE:
MTBE is produced from raffinate-1 and methanol using etherification process, which is initially carried out in a conventional reactor and then in a reactive distillation column. This results in the formation of MTBE.
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The displayed pricing data is derived through weighted average purchase price, including contract and spot transactions at the specified locations unless otherwise stated. The information provided comes from the compilation and processing of commercial data officially reported for each nation (i.e. government agencies, external trade bodies, and industry publications).