Gasoil (50ppm) FOB Singapore
This cash assessment represents the value of diesel road fuel with a maximum sulfur content of 50 parts per million. Physical cargoes trade and are assessed at a discount to the 10ppm swaps curve for loading 15-30 days from the assessment date. It is less liquid than the 10ppm market, although it is still a popular road fuel in some parts of the world. It is traded as a differential to 10ppm, although it is a fairly illiquid market compared to the benchmark.
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 50ppm sulfur
Start Date: 08.03.2021
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