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11 Nov 2011 | 01:33 UTC — London
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.
For further feedback and queries please contact petchems@platts.com.