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Spark25S Pacific NWS to Tianjin LNG Freight Future79234892
ICE Futures Europe

Spark25S Pacific NWS to Tianjin LNG Freight Future


A monthly cash settled LNG freight future based on the Spark25S Pacific 160 TFDE assessment as published by Spark Commodities.

Market Specifications

Trading Screen Product Name
LNG Freight Time Charter Futures
Trading Screen Hub Name
Spark25S Pacific
Contract Symbol
Contract Size
1 day of time charter
Unit of Trading
Any multiple of 1 day of time charter
US Dollars and cents
Trading Price
$1.00 per Charter Day
Settlement Price
One cent ($0.01) per Charter Day
Minimum Price Fluctuation
One cent ($0.01) per Charter Day
Last Trading Day
Last Trading Day of the contract month
Daily Settlement
In respect of daily settlement, the Floating Price will be determined by ICE using price data from a number of sources including spot, forward and derivative markets for both physical and financial products.
Final Settlement
In respect of final settlement, the Floating Price will be a price in USD and cents per day based upon the average of the spot assessments as published by Spark Commodities for the Spark25S Pacific160 TFDE assessment for each business day (as specified below) in the contract month.
Contract Series
Up to 60 consecutive monthly Contract Periods, or as otherwise determined by the Exchange. Quarterly, seasonal, calendar, and any period of consecutive monthly contracts can be registered as a strip.
Off Exchange Trade Types
Block Trades
Exchange for Physical (EFP)
Exchange for Swap (EFS)
Are available for this contract.
Final Payment Date
Two Clearing House Business Days following the Last Trading Day
Business Days
Publication days for Spark Commodities
MIC Code
Clearing Venues

Trading Hours

New York7:50 PM - 6:00 PM
19:50 - 18:00
7:40 PM
London12:50 AM - 11:00 PM
00:50 - 23:00
12:40 AM
Singapore7:50 AM - 6:00 AM
07:50 - 06:00
7:40 AM

Sunday Pre-Open 5:40 PM ET; Closed on Saturday


Clearing Admin Name
Spark Freight
Symbol Code