Naphtha CIF Med
This cash price assessment reflects the value of a cargo of naphtha delivered CIF Mediterranean basis Alexandria 10-to-25 days forward from the date of publication. This product is used as a feedstock for gasoline blending and in the petrochemical industry. The assessment is calculated in line with the structure of the nearby 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
Time of assessment: 16:30:00 Europe/London
Publishing frequency: Daily
Spec: Min 65% parrafin. 0.735 l/kg
Quantum Commodity Intelligence is a premium paid subscription service for professionals in the energy, biofuels and carbon markets.
Quantum Energy service subscribers have access to:
- Daily price assessments
- Market news and price commentary
- Fundamental trade data
- Quantum Energy Daily - the daily published market information to your email
Get in touch with us for subscription information on all three Quantum platforms, or help with the service.