Platts clarifies pricing considerations related to US MTBE FOB USG

S&P Global Platts would like to provide clarification around pricing considerations and factors in relation to the daily assessed value of US MTBE FOB USG.

In the absence of bids, offers or trades during the Platts Market on Close assessment process for US MTBE, the assessment may take into consideration the relationship between pricing in the US Gulf Coast and Northwest Europe, using the FOB ARA price assessment. In addition, Platts may also consider movement in the front-month NYMEX RBOB futures, movement in the physical spot US Gulf Coast gasoline market, and the US MTBE factor, which reflects the ratio between the daily MTBE assessment and front-month NYMEX RBOB futures.

Please send any further queries or feedback to americaspetrochemicals@spglobal.com and pricegroup@spglobal.com.