11 Nov 2011 | 01:33 UTC — London

Correction: November 10 European MTBE market commentary

The recap of the MTBE MOC in the MTBE commentary of November 20,2011 on fixed page PCA204 has been corrected. The correct recap is as follows:

There were four trades for front-end dates in the Platts Market on Close assessment process Thursday. Firstly, AOT hit Gunvor's bid at $1,087/mt FOB ARA. Then, Argos hit Gunvor's bid for at $1,087/mt FOB ARA. A further Gunvor bid at $1,086/mt FOB ARA was hit by AOT. Lastly, Argos sold into Gunvor's bid at $1,087/mt FOB ARA. Meanwhile, mid-window dates were well bid, with three bids left at the close with Shell at $1,081/mt being the highest.

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