Argus Clean Freight Forward Curves
Daily forward price curves for clean freight markets across the Americas, Europe and Asia, covering 11 routes published for 24 months forward in $/t and Worldscale.
Overview
Argus Clean Freight Forward Curves is a daily forward curve service providing modelled current market values for 11 clean freight routes across the Americas, Europe and Asia. Covering routes across the US Gulf Coast, UK continent, Mediterranean and Mideast Gulf, prices are published in $/t and Worldscale for 24 months forward to support trading, risk management and freight market decisions.
At a glance
- Eleven clean freight routes across three global regions.
- 24 months of forward prices, published daily.
- Prices in $/t and Worldscale at three timestamps.
- Zero-arbitrage pricing across all strip periods.
- Supports mark-to-market, VaR and deal valuation.
- Enables independent freight curve validation.
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Key features
Daily curve publication
Clean freight forward curves are published on weekdays at three timestamps: 16:30 Singapore for Asian routes, 16:30 London for European routes, and 14:30 New York for Americas routes.
Global route coverage
Eleven routes span the US Gulf Coast, UK continent, Mediterranean and Mideast Gulf, covering key clean freight lanes across the Americas, Europe and Asia.
$/t and Worldscale pricing
Each route is published in both $/t and Worldscale where applicable, providing flexible price references that align to how the physical and derivatives clean freight markets transact.
Zero-arbitrage consistency
Strip prices always equal the average of their component periods, maintaining zero-arbitrage consistency across monthly, quarterly and calendar strip contracts.
Rigorous data validation
Curves use current and historical inputs, including traded forward markets and historical price relationships. All inputs undergo rigorous quality and relevance checks before use.
Flexible delivery options
Access data via data feed, Argus Direct® client portal, third-party channel partners, API, Excel add-in or email, integrating into existing analytical and risk management workflows.
Who uses this service
Risk managers
- Validate forward curves against counterparty data using an independent, unbiased source.
- Apply forward prices for mark-to-market accounting and daily profit and loss assessments.
- Calculate value-at-risk, potential future exposure and deal valuation.
Traders and trade analysts
- Reference prior-day curves as a daily starting point when entering clean freight markets.
- Identify locational and temporal spread relationships across key freight routes.
- Support deal valuation, regression analysis and scenario analysis decisions.
Market analysts
- Analyse price relationships and spread dynamics across clean freight routes globally.
- Monitor forward market structure across Americas, European and Asian freight lanes.
- Use historical curve data to identify pricing trends across routes and time periods.
Planning and budget analysts
- Model future freight costs and budget projections using independent forward price references.
- Stress-test freight price assumptions across planning horizons using scenario analysis.
- Support procurement and chartering decisions with 24-month forward price data.