Counterparty risk management + post-trade services for Asian derivatives . Max. Latest news headlines for Singapore Gasoil 10 ppm vs. 0.5% Sulfur Spread (Platts) Swap Futures with market analysis and analyst commentary. Platts, a unit of S&P Global Inc., is proposing to lower the sulfur specification in its benchmark gasoil assessment from 500 parts per million (ppm) of sulfur to 10 ppm, it said in a note to subscribers Monday. Global bunker specification changes in 2020 require large-scale shifts in refinery operations and will be very disruptive, both within the industry and more broadly. AsiA products code Mid change c odeMid changecode Mid change Gasoline components (PBF page 2410) FoB singapore ($/mt) MTBE PHALF00 545.00–547.00546.0000.000 singapore demurrage … EN590 describes the physical properties that all automotive diesel fuel must meet if it is to be sold in the European Union, Croatia, Iceland, Norway and Switzerland. View our complimentary trend analysis for SINGAPORE GASOIL 500 PPM (PLATTS) SEPTEMBER 2020 (QGHS.U20) now. Singapore. HSFO cracks are expected to fall and HSFO absolute prices may drop to low levels towards the end of 2019, incentivizing increased use in power generation. As in most other cases, when you first have to remove the sulphur, it was soon discovered ways of doing this more efficient. Let our Trade Triangle technology, brought to you courtesy of our premium service MarketClub, instantly analyze any stock, futures or forex market for you.It’s free, It’s informative, It’s on the money. Find information for Singapore Jet Kerosene (Platts) vs. Gasoil 500 ppm (Platts) Margins provided by CME Group. From January next year, all ICE gasoil contracts will reflect 10 ppm diesel specification and traders have said high sulfur gasoil physical market liquidity will fall further as a result. Commodity: DIESEL GASOIL D2 ( European EN 590 / 10 PPM) DELIVERY TERMS: CIF Rotterdam or ASWP Product: Russian Origin. S&P Global Platts Analytics examines how refining economics is likely to be affected. ?s allocation 500K MT monthly x 3 years PRODUCT: DIESEL D2 GASOIL GOST 305-82 (Please specify which specification needed: 200 PPM, 50 PPM ,10 PPM) ORIGIN: RUSSIAN FEDERATION (Seller is not Russian) CONTRACT: Minimum 50,000 MT; 300,000 MT x 12 Months PRICE: MOPS OR PLATTS PRICE LESS NET GROSS DISCOUNT - 6% 8%(about $36 depending on price of day) LOADING … Analyze Global Markets. ICE Clear Singapore. View Margin Files. The EN 590 had been introduced along with the European emission standards. Gasoil 10 ppm -2.100AAIDT00 0.00034.55–34.5934.570 AAIDU00* 1.98 ... and to the 14th of February; **Interim Gasoil swaps published ahead of the change in specification of FOB Singapore Gasoil January 2, 2013. Singapore Prices Platts Gasoil 0.005%S (50 ppm) FOB Singapore Platts Gasoline Unl 92 RON FOB Singapore Platts Jet Kero Singapore Platts Naphtha C+F Japan Taxes Currently includes applicable consumption taxes, 17% value-added tax and other miscellaneous taxes amounting to 10%. Production of road fuels to a 10 ppm sulphur specification is feasible but costly both in terms of refinery investments and CO2 emissions. The Singapore Gasoil (Platts) Average Price Option is a premium-paid-upfront option. DIESEL GASOIL D2 (European EN 590 / 10 PPM) SOFT CORPORATE OFFER (Product Russian Origin – Immediate Supply in about 7 - 10 working days). The spread was last narrower on March 8, 2017, at 7 cents/b. Supporting ag, FX, metals, equity derivative and digital assets clearing. DIESEL D2 GASOIL GOST 305 82 Ultra low sulphur diesel ULSD EN590 10 ppm Low sulphur diesel 50 ppm Normal Sulphur 200 500 ppm ORIGIN: RUSSIAN FEDERATION Seller is not Russian CONTRACT: MIN. 50000 MT up to 500000 MT per 12 Months with possible Rolls and Extensions 3 years SPOT: MIN 50.000 MT, no less PRICE: BUYERs PREFERENCE ON MOPS or PLATTS PRICE LESS 7 per cent on Platts or … In the first four months of this year, gasoil exports reached 1.39 million mt, compared with just 300,000 mt over the same period of 2012. Data. Payment for the each ship lot of the Goods will be made by MT103 INSPECTION: SGS Inspection or equivalent. Market participants said these outflows of gasoil, coupled with lower-than-expected gasoil exports from China in December, have lent support to the middle distillate. ICE Clear US. ICE NGX. Singapore Gasoil 10 ppm vs. 0.5% Sulfur Spread (Platts) Swap Futures futures price quote with latest real-time prices, charts, financials, latest news, technical analysis and opinions. In respect of final settlement, the Floating Price will be a price in USD and cents per barrel based on the average of the “Mid” quotations appearing in “Platts Asia-Pacific/Arab Gulf Marketscan” under the heading “Asia Products” subheading “Singapore” and “FOB Singapore ($/barrel)” for “Gasoil” for each business day (as specified below) in the determination period. View Margins Other fuel properties would not be significantly affected. Singapore 10 ppm sulfur gasoil cash differential hits 3-month high The FOB Singapore 10 ppm sulfur gasoil cash differential has jumped to a more than three-month high amid curtailed refinery production, which has resulted in regional supply balances winding tighter. The traded premium will therefore be debited by the Clearing House from the Buyer and credited to the Seller on the morning of the Business Day following the day of trade. S&P Global Platts Analytics forecasts that the spec change will have a widespread effect on price spreads of refined products in 2020. Find information for ULSD 10ppm Cargoes CIF NWE (Platts) vs. Low Sulphur Gasoil Margins provided by CME Group. Platts, a unit of S&P Global Inc and whose benchmarks are use in major oil contracts in Asia and the Middle East, will lower the sulphur specification in its benchmark gasoil assessment from 500 parts per million (ppm) of sulphur to 10 ppm, it said in a note to subscribers. The surge in gasoil exports from China this year has prompted speculation of China becoming a net gasoil exporter in the longer term. TEST UNITS LIMITS METHOD Density at 15°C * 3kg/m 820.0 – 860.0 ASTM D4052 ASTM Color * 2.0 Max. STANDARD SPECIFICATION 10 ppm Sulfur Gasoil These specifications are for information purposes only and shall not be binding upon the Seller. Just 10 years ago, the US EPA introduced a limit of 4% sulphur in the GASOIL, whereas Europe and the rest of the world followed later. The National Environment Agency (NEA) defines ultra low sulfur diesel (ULSD) as diesel fuel with less than 50ppm, or 0.005 per cent, by July 2017 the limit will be 10 ppm On June 16, 2005, NEA announced that the use of ULSD would be mandatory beginning December 1, 2005. The FOB Singapore October/November 10 ppm sulfur gasoil swaps spread hit an all-time record high Monday, and this uptrend may prevail in the weeks ahead due to Price: FIXED PRICE ON REQUEST Quantity: Minimum Trial Lift 50,000 MT Contract: 50,000 MT up to 500,000 MT + R&E. Free Instant Analysis. ** India's Hindustan Petroleum Corp. Ltd. issued buy tenders seeking two cargoes of 10 ppm sulfur gasoil, each 65,000 mt, for delivery into Mundra and Visakhapatnam over December. … ASTM D6045 Flash Point P.M.C.C* °C 60 Min. Aspect Color Visual inspection ASTM D 1500 Clear 2,0 Density @ 15° EN ISO 3675:98 / EN ISO 12185:96 / C1:2001 Kg/m3 820,0 845,0 Flash Point EN ISO 2719:2002 C° 55 (1) Distillation: - Recovered @ 150 °C % vol 2,0 ; Diesel en590 10ppm Jai Mata Oil Trade Company diesel fuel is the second distillate … Platts last changed the sulphur content in its benchmark gasoil grade to 500 ppm from 5,000 ppm in January 2013. The Singapore 10 ppm sulfur gasoil cash differential advanced 16 cents/b week on week to 45 cents/b Wednesday, a year-to-date high since S&P Global Platts moved its benchmark to 10 ppm sulfur gasoil from 500 ppm sulfur gasoil on January 1. Some trading companies have talked about converting their gasoil storage in Amsterdam-Rotterdam-Antwerp to diesel, reflecting growing opportunities and liquidity in the market. The Seller will bear no liability for delivering product/s that doesn’t conform to these specifications. SINGAPORE, Dec 2 (Reuters) - Asian refining margins for 10 ppm gasoil dropped on Wednesday, weighed down by feeble demand and expectations for a rise in near-term supplies. The Singapore 10/500 ppm gasoil spread narrowed 1 cent/b from the previous session to 8 cents/b at the Asian close July 27, S&P Global Platts data showed. … Platts, a unit of S&P Global Inc, will lower the sulphur specification in its benchmark gasoil assessment from 500 parts per million (ppm) of sulphur to 10 ppm, it said in a note to subscribers. View Margins Seller has refineryâ? 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