Jet fuel CIF NWE

Fri, 26 Nov
xxx.xx
Change
-91.00
Quantum code
JFCNWS-SPO

This cash assessment reflects the value of a cargo of jet fuel delivered CIF NWE 10-to-25 days forward from the date of publication. This product is the primary fuel used for jet engine aircraft in Europe. It is a flat price assessment and is traded as a differential to low-sulfur gasoil futures or as a differential to the underlying forward curve. 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. So, on 31 May, M+2 represents July loading. On 1 June M+2 represents August loading.

Currency and unit of measure: $/mt

Incoterm: CIF

Quantity: 25-45kt Min 5kt

Time of assessment: 16:30:00 Europe/London

Publishing frequency: Daily

Spec: Standard Jet-A1 specification

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