Naphtha FOB Med

This cash price assessment reflects the value of a cargo of naphtha loading FOB 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.