Naphtha CIF NWE
This cash price assessment reflects the value of a cargo of naphtha delivered CIF Northwest Europe, basis Rotterdam 10-to-25 days forward from the date of publication. Other ports will also be taken into account for the assessment. This product is used as a feedstock for gasoline blending and in the petrochemical industry. 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: 12-36kt Min 5kt
Time of assessment: 16:30:00 Europe/London
Publishing frequency: Daily
Spec: Min 65% parrafin. 0.735 l/kg
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