Oil products: ARGUS CIF Durban, South Africa jet fuel assessment

Oil products: ARGUS CIF Durban, South Africa jet fuel assessment

The ARGUS CIF Duban, South Africa jet fuel assessment

The assessment is calculated by adding Argus spot freight assessments for 35,000t cargoes from Mideast Gulf ports to Durban, expressed in US dollars/tonne, to the Argus fob Mideast Gulf jet-kerosene quotation, converted from US dollars/bl to US dollars/tonne by a factor of 7.878 bl/tonne.


Advantages of the ARGUS CIF Duban, South Africa jet fuel assessment

South Africa is usually self-sufficient in jet fuel but often needs to import fuel when its refineries are shut down for maintenance. The vast majority of imported fuel originated from the Mideast Gulf and India, therefore the assessment provides an accurate import-parity price that uses a daily, independent freight rate. An independent daily assessment of the price for chartering a vessel to carry a 35,000t cargo of jet fuel on this route is preferable to alternatives such as using a fixed rate which is by its nature unresponsive to market changes, or relying on broker panel pricing, which can lack independence and methodological rigour.


Users of the ARGUS CIF Duban, South Africa jet fuel assessment

The assessment is widely used in term contracts between jet fuel suppliers and airlines across South African airports. It is also used by jet fuel producers, airlines, and exporters in internal price transfers, internal benchmarking.

Jet fuel

请求更多信息

我们很高兴为您提供更多的信息。阿格斯为全球市场提供信息及相关服务,在此过程中会有必要与分布于欧洲经济区(EEA)内外的集团公司和服务供应商共享您的个人信息。阿格斯(Argus Media)可能会使用提交的详细信息向您发送与您业务相关且您可能感兴趣的阿格斯产品与服务相关内容。您可以随时取消订阅这些更新。我们将遵循本公司的隐私政策对您的个人信息进行妥善管理。

Required
请输入您的名字
长度不能超过300个字符。
请输入您的姓氏
长度不能超过300个字符。
请输入您的电子邮件
请填写有效的电子邮件地址
职称