- Trading Screen Product Name
- Propane Argus/Naphtha Diff Futures (balmo)
- Trading Screen Hub Name
- CIF ARA/Naphtha CIF NWE Cg
- Contract Symbol
ABG
- Settlement Method
Cash settlement
- Contract Size
1,000 metric tonnes
- Currency
US Dollars and cents
- Minimum Price Fluctuation
One tenth of one cent ($0.001) per metric tonne
- Listing Cycle
Up to 2 months of balance-of-month Contract Periods
- Last Trading Day
Last Trading Day of the contract month
- Final Settlement
The average of the Reference Price A prices minus the average of
the Reference Price B prices. Non-common pricing applies.
- REFERENCE PRICE A
NGL-PROPANE (EUROPE: CIF ARA LARGE CARGOES)-ARGUS INTERNATIONAL LPG
- a) Ref Price A - Description
"NGL-PROPANE (EUROPE: CIF ARA LARGE CARGOES)-ARGUS INTERNATIONAL
LPG" means that the price for a Pricing Date will be that day's
Specified Price per tonne of propane for delivery on the Delivery
Date, stated in U.S. Dollars, published under the heading "Europe:
cif ARA (large cargoes): Propane" in the issue of Argus
International LPG that reports prices effective on that Pricing
Date.
- b) Ref Price A - Pricing Date
Each day that prices are reported for the Delivery Date
- c) Ref Price A - Specified Price
Price
- d) Ref Price A - Pricing calendar
Argus International LPG
- e) Ref Price A - Delivery Date
Contract month
- REFERENCE PRICE B
NAPHTHA-PHYSICAL-CARGOES CIF NWE/BASIS ARA-PLATTS EUROPEAN
MARKETSCAN
- a) Ref Price B - Description
"NAPHTHA-PHYSICAL-CARGOES CIF NWE/BASIS ARA-PLATTS EUROPEAN
MARKETSCAN" means that the price for a Pricing Date will be that
day's Specified Price per metric tonne of naphtha, stated in U.S.
Dollars, published under the heading "Northwest European cargoes:
CIF NWE/Basis ARA: Naphtha" in the issue of Platts European
Marketscan that reports prices effective on that Pricing Date.
- b) Ref Price B - Pricing Date
Each day that prices are reported for the Delivery Date
- c) Ref Price B - Specified Price
Price
- d) Ref Price B - Pricing Calendar
Platts Asia-Pacific/Arab Gulf Marketscan
- e) Ref Price B - Delivery Date
Contract month
- Final Payment Date
Two Clearing House Business Days following the Last Trading Day
- MIC Code
- IFED
- Clearing Venues
- ICEU