- Trading Screen Product Name
- Platts Marine Fuel
- Trading Screen Hub Name
- Marine 0.5% FOB Sing (Platts)
- Contract Symbol
MF4
- Contract Size
1,000 metric tonnes
- Unit of Trading
Any multiple of 1,000 metric tonnes
- Currency
US Dollars and cents
- Trading Price Quotation
One cent ($0.01) per metric tonne
- Last Trading Day
Last Trading Day of the contract month
- Final Settlement
In respect of final settlement, the Floating Price will be a price
in USD and cents per metric tonne based on the average of the
“$/mt” quotations appearing in the “Platts
Asia-Pacific/Arab Gulf Marketscan” under the heading
“Marine Fuel” for “0.5% FOB Singapore
cargo” for each business day (as specified below) in the
determination period.
- Roll Adjust Provision
N/A
- Contract Series
Up to 60 consecutive months, or as otherwise determined by the SEF
- Final Payment Date
Fourteen (14) Calendar Days after each settlement date via wire
transfer or Federal funds.
- Business Days
Publication days for Platts Asia-Pacific/Arab Gulf Marketscan
- Other Terms
To be confirmed directly between the parties in their full form of
contract. The terms reflected in such contracts shall be
controlling.
- MIC Code
- ICES
- Clearing Venues
- Bilateral