Thank you for your interest in sponsoring Argus Bunker Fuels 2019. Argus produces information and services for global markets, which requires Argus to share your personal information with Argus group companies and service providers that are based both within and outside of the European Economic Area (EEA). Notice: By accessing this site you agree that you will not copy or reproduce any part of its contents (including, but not limited to, single prices, graphs or news content) in any form or for any purpose whatsoever without the prior written consent of the publisher. We manage your personal data in accordance with our privacy policy. When you speak to one of our experts, you may be qualified to sample our industry-leading products on a no-cost basis. Algeciras, Spain. SINGAPORE, Oct. 21, 2019 /PRNewswire/ -- The Asia Pacific Exchange launched the APEX Argus Bunker Index Singapore LSFO 0.5%S futures contract on Friday 18 October. Argus produces information and services for global markets, which requires Argus to share your personal information with Argus group companies and service providers that are based both within and outside of the European Economic Area (EEA). The new contract provides market participants such as shipowners that have future requirements and suppliers holding fuel inventory with an instrument for hedging. APEX Argus Bunker Index Singapore LSFO 0.5%S futures have been launched to coincide with new IMO rules taking effect in January 2020, where ships without exhaust scrubbers are required to use fuel with a sulphur content of a maximum of 0.5%, a reduction from the current 3.5%. “Argus’ delivered bunker price assessments for Singapore have gained the confidence of the marine fuel community as reliable, independent price assessments since being launched in June 2018. Our website uses cookies to ensure that we give you the best experience on our website. Argus’ assessments of Zhoushan-delivered marine fuels prices are based on trades, bids, offers and other market information. Argus removes price outliers using statistical analysis prior to calculating a volume-weighted average of the trades reported by 7pm to provide an average price traded for the fuel that day in Singapore. Our delivered bunker indexes are based on actual deals, bids and offers, making them the most appropriate reference prices for your bunker contracts. © 2020 Argus Media group. This contract provides a tool for market participants to hedge price risks associated with marine fuel. When you speak to one of our experts, you may be qualified to sample our industry-leading products on a no-cost basis. The October average of very-low sulphur fuel oil (VLSFO) in the Argus Zhoushan Bunker Index (ZBI), which is a delivered-to-ship bunker index, rose by $13/t from September to $333/t. Register below and we will customize a solution that meets your exact needs. © 2020 Argus Media group. You can unsubscribe from these updates at any time. If more than two assessment- Argus produces information and services for global markets, which requires Argus to share your personal information with Argus group companies and service providers that are based both within and outside of the European Economic Area (EEA). The Asia-Pacific Exchange (Apex) Argus Bunker Index (ABI) futures contract attracted 120 trades on its first day of activity in Singapore today. Traded volumes totalled 1,200t by 6pm today. The Asia Pacific Exchange (APEX) launched the APEX Argus Bunker Index Singapore LSFO 0.5%S futures contract on Friday 18 October. Register below and we will customize a solution that meets your exact needs. Argus has worked with shipowners and the bunker industry to create a suite of price indexes for fuel oil and marine gasoil that reflect the physical spot market for delivered- to-ship bunker fuels in various ports. Please fill in your details and we will be in touch with you. APEX Argus Bunker Index Singapore LSFO 0.5%S Futures Contract. Global energy and commodity price reporting agency Argus today launches a sustainable aviation fuel (SAF) price for US west coast markets. Argus publishes reports that include key industry index and benchmark prices for refined oil products. This contract provides a tool for market participants to hedge price risks associated with marine fuel. We manage your personal data in accordance with our privacy policy. Pursuant to Clearing Rule 406 and Clearing Procedures 5, the Exchange and its Clearing House have set the following SPAN® Margin Parameters with effect from Trading Day 15 May 2020, Friday. Notice: By accessing this site you agree that you will not copy or reproduce any part of its contents (including, but not limited to, single prices, graphs or news content) in any form or for any purpose whatsoever without the prior written consent of the publisher. Argus Media may use the details submitted to send you information about related Argus products and services which may be of interest to your business. Argus produces price assessments and analysis of international energy and other commodity markets, and offers bespoke consulting services and industry-leading conferences. The ABI Singapore LSFO 0.5%S futures is a cash-settled derivatives contract for low-sulphur fuel … In addition, it may create opportunities for spread trading across crude and other refined oil product markets, as well as inter-month trading. If you continue we'll assume that you are happy to receive all cookies on the Argus Media website. Register your interest in Argus Bunker Fuels Conference. The delivery timing is four to 12 days ahead. In addition to posting high sulfur price assessments (in place since December), Argus said it will work on a bunker index for low sulfur fuel oil. APEX Argus Bunker Index Singapore LSFO 0.5%S futures have been launched to coincide with new IMO rules taking effect in January 2020, where ships without exhaust scrubbers are required to use fuel with a sulphur content of a maximum of 0.5%, a reduction from the current 3.5%. It will be published daily in $/t. Global commodity price reporting and news agency Argus and the Asia Pacific Exchange (APEX) signed an agreement today licensing the use of the Argus Bunker Index (ABI) Singapore LSFO 0.5%S as the settlement price for a proposed new derivatives contract. The ABI Singapore LSFO 0.5%S futures is a cash-settled derivatives contract for low-sulphur fuel oil (LSFO). Source: ARGUS MEDIA. Argus was founded in 1970 and is a privately held UK-registered company. 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