Methyl Tertiary Butyl Ether (MTBE) Price | Prices | Pricing | News | Database | Chart
North America In Q2 2024, the Methyl Tert-Butyl Ether (MTBE) market in North America faced a steady decline in prices, primarily due to weakened demand from the gasoline sector and reduced production costs. Several macroeconomic factors contributed to this downward trend. A general decrease in market demand combined with rising inventories pressured suppliers to lower prices. Additionally, fluctuations in international crude oil prices complicated the cost dynamics, with oil prices showing stagnant and cautious movements. The easing of geopolitical tensions further reduced potential risk premiums on crude oil, indirectly affecting MTBE costs. In the USA, the most significant price changes were observed, with a negative overall trend for MTBE pricing. Prices decreased by 12% compared to the same quarter last year and fell by 4% from the previous quarter in 2024. While the summer driving season typically boosts gasoline demand, its impact was muted this year. The first half of the qu