HSFO 180 CST (3.5% sulfur) FOB Singapore
Used as a bunker, this fuel has a maximum content of 3.5% with a centistoke of 180 and can only be used in vessels that have technology to scrub sulfur from the exhaust. The spot physical assessment is for 15-30 days loading. The fuel trades on a flat price basis and as a differential to the underlying swaps curve. It differs from the ex-wharf price due to the cargo size. 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: $/mt
Quantity: 20-40kt, 100 mt
Time of assessment: 16:30:00 Asia/Singapore
Publishing frequency: Daily
Spec: HIgh Sulfur Fuel Oil Meeting standard RMG 380 cst spec. 35,000 ppm sulfur
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