Material Insights · Understanding the Material World

MTBE: Trading

Spot cargoes priced against petrol benchmarks

What this tab covers How it is bought and sold: buyers and sellers, price benchmarks and who publishes them, exchanges, contract types, traders, how Indian buyers price it, recent price points, and good sources to follow.

Who buys, and where

  • Mexico's Pemex and petrol importers
  • Singapore blending hub
  • European refiners and blenders (ARA)
  • Latin American and African petrol importers

Who sells, and from where

  • US Gulf Coast exporters
  • Saudi Arabia and other Gulf producers
  • Chinese exporters
  • Malaysia and Singapore producers (indicative)

Price benchmarks

BenchmarkPublisherBasis
MTBE FOB ChinaS&P Global Plattsspot
MTBE FOB SingaporePlatts, Argusspot, daily
MTBE FOB Rotterdam bargesPlatts, Argusspot, priced as a factor to Eurobob
MTBE US Gulf CoastPlatts, Argus, OPISspot, cents per gallon

Exchanges

VenueContractNotes
None liquidOTC swaps against Platts assessments (indicative)most trade is physical

Contract types

  • Spot cargoes priced as a factor or premium to petrol benchmarks
  • Term supply to refiners and blenders

Traders and distributors

  • Oil majors' trading arms and independent oil traders (indicative)

How Indian buyers price it

  • Indian refiners produce and blend MTBE internally; transfer pricing is at petrol-linked import parity (indicative)
  • Methanol for MTBE is bought at CFR India import parity

Recent price points

DatePriceBasisSource
Sep-Nov 2025$620-640/tFOB ChinaS&P Global Platts (via H1 2026 trends)
Sep-Nov 2024$665-725/tFOB ChinaS&P Global Platts (via H1 2026 trends)

Good sources to follow

Energy Aspects MTBE insightfreemium research site · Energy Aspects

MTBE supply-demand and trade

S&P Global Commodity Insights chemical trendsfreemium research site · S&P Global

half-yearly MTBE and aromatics trade outlook

Methanol Institutefree research site · industry association

methanol prices and demand, incl. MTBE share