The Life of Mcintyre 272
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European MTBE prices slide on limited mixing need
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European MTBE costs were sliding Tuesday from a fairly high value against eurobob gasoline with an absence of demand from Asia on limited mixing interest likewise likely to weigh, sources stated.
The MTBE variable was up to 1.1502 on Monday, down from the January high of 1.1882, evaluated by Platts on January 28.
According to some resources, the value of the oxygenate as a proportion of eurobob fuel was too high.
In Tuesday's market, sources pegged the aspect at 1.14-1... Read Full Post »
The MTBE variable was up to 1.1502 on Monday, down from the January high of 1.1882, evaluated by Platts on January 28.
According to some resources, the value of the oxygenate as a proportion of eurobob fuel was too high.
In Tuesday's market, sources pegged the aspect at 1.14-1... Read Full Post »
NWE benzene deteriorates vs naphtha, however belief remains firm for Feb
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. Place Northwest European benzene prices deteriorated compared with feedstock upstream naphtha Wednesday, although market resources were still certain of the continuous stamina of benzene in Europe for February.
Spot benzene rates for February slipped by over $10/mt to trade at $1,270/ mt for a 1,000 mt CIF ARA barge Wednesday afternoon, compared with rising worths in upstream naphtha.
The CIF NWE front-month naphtha crack has rallied lately on news of Western refinery closure... Read Full Post »
Spot benzene rates for February slipped by over $10/mt to trade at $1,270/ mt for a 1,000 mt CIF ARA barge Wednesday afternoon, compared with rising worths in upstream naphtha.
The CIF NWE front-month naphtha crack has rallied lately on news of Western refinery closure... Read Full Post »
