Gasoil (10ppm) FOB Singapore
This cash assessment represents the value of diesel road fuel with a maximum sulfur content of 10 parts per million and loading 15-30 days from the assessment date. The product can either trade as a flat price or a differential to the underlying forward curve. It is the primary benchmark for Asian distillate markets and is an indicator of diesel across the continent. The balmo and monthly assessments are Quantum's assessed value of swaps contracts that are financially-settled against S&P Global Platts' average monthly assessment published on the calendar month in question. The swaps assessments roll monthly on the 1st of each month.
Currency and unit of measure: $/b
Incoterm: FOB
Quantity: 100,000 - 250,000 bl, 1,000 bl
Time of assessment: 16:30:00 Asia/Singapore
Publishing frequency: Daily
Spec: Max 10ppm sulfur
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