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27 Jun 2011 | 06:52 UTC — Houston
Due to a technical error, the Asian MTBE price, basis FOB Singapore for April 1, 2002, was data-based incorrectly as $331.82-344.55/mt.
The correct price should have read as $320-330/mt FOB Singapore, as per published on Platts Petrochemical Alert page PC 0203 and Platts Global Alert page MH 0744. The affected Oracle codes are PHALF11 and PHALF00, which have been corrected on June 21, 2011.
In addition, the monthly average Asian MTBE prices FOB Singapore for April 2002 should read as $331.82-344.55/mt. The Oracle database incorrectly reflected $332.36-345.21/mt FOB Singapore. The affected Oracle codes are AAGBZ11 and AAGBZ00, which have been corrected on June 27, 2011.
The errors were discovered following an internal exercise to review selected database. Please direct any queries to petchems@platts.com or support@platts.com.