Platts clarifies pricing basis for ETBE spread to MTBE

S&P Global Platts would like to clarify the pricing basis for its ETBE spread to MTBE.

The Platts ETBE spread to MTBE expresses the relationship between the daily ETBE assessment basis FOB AR and the daily MTBE FOB ARA assessment. Expressions of interest to trade in the Platts ETBE Market on Close assessment process should reflect same-day pricing for both ETBE and MTBE, with the ETBE spread applied to MTBE as published on the date of transaction.

Platts considers all relevant market information when assessing ETBE, including spread and outright indications, and relationships to adjacent markets.

Please send all feedback, comments or questions to petchems@spglobal.com and pricegroup@spglobal.com

Please provide a clear indication if comments are not intended for publication by Platts for public viewing. Platts will consider all comments received and will make these comments available on request.