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
| Benchmark | Publisher | Basis |
|---|---|---|
| MTBE FOB China | S&P Global Platts | spot |
| MTBE FOB Singapore | Platts, Argus | spot, daily |
| MTBE FOB Rotterdam barges | Platts, Argus | spot, priced as a factor to Eurobob |
| MTBE US Gulf Coast | Platts, Argus, OPIS | spot, cents per gallon |
Exchanges
| Venue | Contract | Notes |
|---|---|---|
| None liquid | OTC 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
| Date | Price | Basis | Source |
|---|---|---|---|
| Sep-Nov 2025 | $620-640/t | FOB China | S&P Global Platts (via H1 2026 trends) |
| Sep-Nov 2024 | $665-725/t | FOB China | S&P Global Platts (via H1 2026 trends) |
Good sources to follow
Energy Aspects MTBE insightfreemium research site · Energy AspectsMTBE supply-demand and trade
S&P Global Commodity Insights chemical trendsfreemium research site · S&P Globalhalf-yearly MTBE and aromatics trade outlook
Methanol Institutefree research site · industry associationmethanol prices and demand, incl. MTBE share