Sustainable Aviation Fuel FOB ARA Premium

This cash assessment reflects the value of a barge of sustainable aviation fuel (SAF) produced from RED-compliant waste feedstock and loading FOB ARA 7-to-28 days forward from the date of publication. SAF typically trades in volumetric terms as a differential to low-sulfur gasoil futures and assessments are published as both a differential and a flat price. This assessment represents the differential in US dollars per cubic metre. SAF is less dense than low-sulfur gasoil and the premium to underlying gasoil futures is adjusted accordingly, assuming a SAF density of 0.76 kg/l and a gasoil density of 0.845 kg/l.