Jet Kerosene FOB Singapore
This cash assessment reflects the value of a cargo of jet/kero loading in Singapore 15-30 days forward from the date of assessment. Also known as A1 spec., as defined by the UK Ministry of Defence, it can trade as an outright and a differential to the 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.
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: Standard Jet-A1 specification
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