ULSD Cargo FOB NWE
This cash assessment reflects the value of a cargo of ultra-low-sulfur diesel loading FOB Northwest Europe basis ARA, 10-to-25 days forward from the date of publication and excludes Russia-origin. Quantum identifies Russian-origin diesel and gasoil as: not arriving or loading on a ship controlled, operated or flagged by Russia, or where to the seller's best knowledge it has not been produced or blended with Russian produced molecules.It is a flat price assessment and is traded as a differential to low-sulfur gasoil futures or as a differential to the underlying 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.
Currency and unit of measure: $/mt
Incoterm: FOB
Quantity: 10-40kt
Time of assessment: 16:30:00 Europe/London
Publishing frequency: Daily
Spec: French/Benelux spec diesel. Max sulfur 10ppm. Density .845 kg/l.
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.