As of the close on January 16th, the closing price of the Asian MTBE market has increased by $6.06/ton compared to the previous trading day, with FOB Singapore closing at $760.36-762.36/ton. The closing price of the European MTBE market decreased by $4.75/ton compared to the previous trading day, and FOB ARA closed at $888.74-889.24/ton. The closing price of the MTBE market in the United States decreased by $5.56/ton compared to the previous trading day, and the FOB Gulf offshore price closed at $797.11-797.46/ton (225.07-225.17 cents/gallon).

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