The ARGUS jet fuel CIF Northwest Europe (NWE) cargo assessment
The assessment typically reflects trades, bids and offers of 30,000 mt cargoes delivered in to standard Northwest European ports that include Rotterdam and Le Havre. The assessment reflects jet fuel delivered 10-25 forward from the publication date.
Advantages of the ARGUS jet fuel CIF Northwest Europe (NWE) cargo assessment
The assessment is based on trading activity throughout the whole of the working day (8.30-5.30pm) rather than in a narrow trading window. Trades, bids and offers concluded on an on an exchange-for-physical basis take primacy over any information reported on a formula basis.
Users of the ARGUS jet fuel CIF Northwest Europe (NWE) cargo assessment
The assessment is used in supply contracts across Continental Europe including major airport hubs in the Benelux countries and Germany. It is also used by jet fuel producers, airlines, and exporters in internal price transfers, internal benchmarking.