The Argus cif ARA large cargo prices for propane and butane provide the benchmark for LPG cargoes moving into and around northwest Europe and are the basis for the actively traded swaps market.
The Argus cif ARA large cargo prices are published daily in Argus International LPG. This report also contains the other Argus LPG benchmarks – the Argus Far East IndexTM (AFEITM) index used for LPG pricing east of Suez and the Argus North Sea IndexTM (ANSITM) index which is also used in northwest Europe as well as in central and eastern Europe.
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Users of Cif ARA Large Cargo Prices
The Argus cif ARA large propane and butane prices are extensively used as a reference in contracts for LPG cargoes in northwest Europe. Our subscribers include traders, risk managers, planners, analysts, finance officers, governments, regulators, tax authorities, producers, refiners, end users, petrochemical companies, as well as supply and purchasing managers.
Learn more about the cif ARA large cargo quotations in the Argus International LPG methodology
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