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05 Oct 2016 | 06:01 UTC — London
The S&P Global Platts Northwest European MTBE and ETBE spot prices published October 4, 2016, have been corrected.
The FOB ARA MTBE spot price now reads $601.75/mt, where it previously read $600/mt as a result of the use of an incorrect gasoline value. The low and high of the range have been corrected to $601.50-$602.00/mt, where they previously read $599.75-$600.25/mt.
The cents/gallon conversion was corrected to 169.25-169.39, with a mid-point of 169.32.
The MTBE factor to EBOB gasoline was corrected to 1.163 from 1.159 previously.
The ETBE price now reads $771.75/mt instead of $770/mt, while the high and low ends of the range have been corrected to $771.50-$772.00/mt from $769.75-$770.25/mt.
The affected codes are PHALA00, AASLQ00, PHALA02 and AAWLE00.
The assessments can be found in Platts Petrochemical Alert on page 318; Platts Biofuel Alert on pages 1420, 1410 and 1010; and on Platts Global Alert on pages 1380 and 1760. These assessment also appears in the Biofuelscan and Marketscan.
For comments or queries, please contact pl_petchems_ln@platts.com and pricemethodology@spglobal.com.