LSFO FOB Med
This cash assessment reflects the value of a cargo of fuel oil with a maximum sulfur content of 1% loading FOB Mediterranean basis Genoa, Lavera 10-to-25 days forward from the date of publication. This product is primarily used for power generation. It is a flat price assessment. 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
Quantity: 25-30kt 5kt
Time of assessment: 16:30:00 Europe/London
Publishing frequency: Daily
Spec: Low Sulfur Fuel Oil max 10,000 ppm sulfur
Please Register or Sign in to view this content. You will receive unlimited access to our industry news, price assessments and data, plus historical stories, fundamentals data and charting functionality for all daily assessments. Included in registration is access to our daily newsletter – Quantum Energy Daily, a summary of all Quantum content delivered into your email inbox each evening.