Episode 985: MTBE Trade Flow between Northeast Asia and Europe stopped as 2023 started

LONDON (ICIS)-- Northeast Asia’s MTBE export to Europe grew largely in 2022, especially in Q2 and Q3. China remained the main global exporter in 2022, with around 20m tonnes production capacity. However, the first quarter of 2023 show a completely opposite picture where the market has not seen any new trade emerging between China and the Europe.Balanced European market in Q1 with good supplyOvercapacity continues in China with export expectationLow discussion of exports from northeast Asia to the Europe for 2023