Naphtha Pricing: Methodology and Specifications
[OIL ]
METHODOLOGY AND SPECIFICATIONS GUIDE
Asian Oil Products
(Latest Update: April 2012)
INTRODUCTION
PLATTS ASSESSMENT METHODOLOGIES IN ASIA AND THE MIDDLE EAST Industry Standards: Quality specifications Typical Volume Loading time Location Reporting coverage Platts guidelines for Global Alert page 190 trading activity Timelines for Global Alert page 190 trading activity Fixed prices, floating prices and swaps Fixed price Premiums/Discounts Paper/Swaps The Spot Market Sample contracts Performance
2
2 2 2 2 2 3 3 3 3 6 6 6 6 6 6 7
PRODUCTS
GASOLINE Singapore China Korea Japan Australia India Middle East NAPHTHA Introduction Japan Middle East India Singapore JET/KEROSENE Singapore Arab Gulf India Japan Korea China Australia GASOIL Singapore China Japan Korea Arab Gulf India Australia BIODIESEL FUEL OIL Singapore China Korea Japan Arab Gulf LSWR
7
7 7 8 8 8 8 8 8 9 9 9 9 9 10 10 10 11 11 11 11 11 11 11 11 14 14 14 14 14 15 15 15 15 16 16 16 16 17
PLATTS FREIGHT METHODOLOGY IN ASIA (2012 RATES)
GASOLINE FREIGHT METHODOLOGY NAPHTHA FREIGHT METHODOLOGY 1. Singapore netback 2. Arab Gulf netback FUEL OIL FREIGHT METHODOLOGY 1. Japan netback 2. Arab Gulf netback GASOIL/KEROSENE FREIGHT METHODOLOGY AUSTRALIAN NETBACK ASSESSMENTS
17
17 18 18 18 18 18 18 18 18
ASIA PACIFIC-ARAB GULF BUNKER ASSESSMENTS
Singapore, China, Middle East and Australia Japan and Korea
18
19 19
POSTED PRICES
PLATTS EX-WHARF SINGAPORE FUEL OIL BUNKERS SPECIFICATIONS
19
20
FAQ SAMPLE CONTRACTS
ASIA-PACIFIC SAMPLE GASOLINE 97 RON CONTRACT ASIA-PACIFIC SAMPLE GASOIL CONTRACT ASIA-PACIFIC SAMPLE FUEL OIL CONTRACT ASIA-PACIFIC SAMPLE SWAPS CONTRACT
21 23
23 26 28 29
The McGraw Hill Companies
METHODOLOGY AND SPECIFICATIONS GUIDE
ASIAN OIL PRODUCTS
INTRODUCTION
Platts Assessment Methodologies in Asia and the Middle East
Platts provides an accurate assessment of the value of various refined oil products through a transparent price assessment
METHODOLOGY AND SPECIFICATIONS GUIDE
Asian Oil Products
(Latest Update: April 2012)
INTRODUCTION
PLATTS ASSESSMENT METHODOLOGIES IN ASIA AND THE MIDDLE EAST Industry Standards: Quality specifications Typical Volume Loading time Location Reporting coverage Platts guidelines for Global Alert page 190 trading activity Timelines for Global Alert page 190 trading activity Fixed prices, floating prices and swaps Fixed price Premiums/Discounts Paper/Swaps The Spot Market Sample contracts Performance
2
2 2 2 2 2 3 3 3 3 6 6 6 6 6 6 7
PRODUCTS
GASOLINE Singapore China Korea Japan Australia India Middle East NAPHTHA Introduction Japan Middle East India Singapore JET/KEROSENE Singapore Arab Gulf India Japan Korea China Australia GASOIL Singapore China Japan Korea Arab Gulf India Australia BIODIESEL FUEL OIL Singapore China Korea Japan Arab Gulf LSWR
7
7 7 8 8 8 8 8 8 9 9 9 9 9 10 10 10 11 11 11 11 11 11 11 11 14 14 14 14 14 15 15 15 15 16 16 16 16 17
PLATTS FREIGHT METHODOLOGY IN ASIA (2012 RATES)
GASOLINE FREIGHT METHODOLOGY NAPHTHA FREIGHT METHODOLOGY 1. Singapore netback 2. Arab Gulf netback FUEL OIL FREIGHT METHODOLOGY 1. Japan netback 2. Arab Gulf netback GASOIL/KEROSENE FREIGHT METHODOLOGY AUSTRALIAN NETBACK ASSESSMENTS
17
17 18 18 18 18 18 18 18 18
ASIA PACIFIC-ARAB GULF BUNKER ASSESSMENTS
Singapore, China, Middle East and Australia Japan and Korea
18
19 19
POSTED PRICES
PLATTS EX-WHARF SINGAPORE FUEL OIL BUNKERS SPECIFICATIONS
19
20
FAQ SAMPLE CONTRACTS
ASIA-PACIFIC SAMPLE GASOLINE 97 RON CONTRACT ASIA-PACIFIC SAMPLE GASOIL CONTRACT ASIA-PACIFIC SAMPLE FUEL OIL CONTRACT ASIA-PACIFIC SAMPLE SWAPS CONTRACT
21 23
23 26 28 29
The McGraw Hill Companies
METHODOLOGY AND SPECIFICATIONS GUIDE
ASIAN OIL PRODUCTS
INTRODUCTION
Platts Assessment Methodologies in Asia and the Middle East
Platts provides an accurate assessment of the value of various refined oil products through a transparent price assessment