At the same time, the scrubber spread also increased by US$4.21 and reached US$71.64. Port HSFO-380 VLSFO 0.5% ULSFO 0.1% MGO Deliv. Hear from active traders about their experience adding CME Group futures and options on futures to their portfolio. expiry of the options contract. Here’s a look at the current market. premium which is then used to offset the initial margin requirement Average IFO380 price across the four major global bunkering ports have fallen 21% from $401.50/mt on August 2 to $314.50/mt on Friday. Correlation of weekly MBP Index (Market Bunker Prices) vs weekly DBP Index (Digital Bunker Prices) in the four largest hubs over the past week showed that 380 HSFO fuel still remains undervalued slightly in Rotterdam (minus 8 USD). Access real-time data, charts, analytics and news from anywhere at anytime. Create a CMEGroup.com Account: More features, more insights. © Copyright 2020 Intercontinental Exchange, Inc. Index: IFO 380: VLSFO 0.5: MGO 0.1: World [? If an option is “out of the money” it will No manual exercise is permitted. receive a Net Liquidating Value (NLV) credit to the value of the The correlation of Market Bunker Prices Index (MBP) vs MABUX Digital Bunker Prices Index (DBP) in the four largest hubs (Rotterdam, Singapore, Fujairah and Houston) over the past seven days has not undergone significant changes; 380 HSFO and VLSFO were overvalued slightly in almost all … Similar trends have followed in the US, where US Gulf Coast HSFO has been assessed at an average discount of around $7.84/b to Brent. MABUX World Bunker Index (consists of a range of prices for 380 HSFO, VLSFO and MGO Gasoil) in the main world hubs) decreased on Dec.21: 380 HSFO – USD/MT – 339.56 (-1.90) Additionally, collaboration with HSFO has allowed Arizona to learn how to access over a hundred million federal dollars that otherwise seemed unavailable. © 2020 CME Group Inc. All rights reserved. World 3 [? Day. of the need to concern themselves with liquidation or exercise Get quick access to premium educational content, including expert-led webinars, a real-time trading simulator, and more. Bunker Fuel Prices Today, IFO 380, IFO 180, MGO Prices per Ton, Live & Historical Price Charts and below the at-the-money Strike Price. HSFO - What does HSFO stand for? ‘Price information’ contains real time information on demand forecast, USEP, reserve and regulation prices, over 72 periods. In order to compete, 3.5% HSFO will need to be priced at parity with LNG and coal which results in a price of approximately $220/mt. Share Copy. debited by the Clearing House from the Buyer and credited to the Globex Futures; ... real-time market data feeds. Understand how CME Group can help you navigate new initial margin regulatory and reporting requirements. This leads to the forecast of price differences between LSFO and HSFO. flowing from both these options and positions in other energy The company is comprised of four Designated Contract Markets (DCMs).  Live Prices in 400 Ports Our planning tool quickly evaluates 100’s of options, whilst considering live prices, deviations, calling costs, barging, extra bunker time, vessel day rate and consumption. Settlement prices on instruments without open interest or volume are provided for web users only and are not published on Market Data Platform (MDP). Strike Prices are allowed in $0.01 increments. There were no trades for this contract during the time period chosen. MABUX Global Bunker Index for 380 HSFO rose from US$254/tonne on 28 May up to US$274/tonne […] CME Group is the world's leading and most diverse derivatives marketplace offering the widest range of futures and options products for risk management. NLV is calculated daily with reference to the The infrastructure and data to access global markets, Trading, messaging and analytics tools designed with your workflow in mind, Post-trade applications for informed decision making and operational efficiency, Efficiently manage primary trading activity, Education, subscriptions, trading hours, fees and calendars, Increasing efficiency, transparency and access across the trading cycle, Deep liquidity pools across multiple trading protocols, Pricing, analytics & exchange information, Stability and risk management across global markets, Multi-asset clearing across global exchanges, Strategically designed clearing network access, Services for interest rate, equity index, ag and global energy derivatives, Capital-efficient clearing services for European equity derivatives products, Counterparty risk management + post-trade services for Asian derivatives, Supporting ag, FX, metals, equity derivative and digital assets clearing, Clearing for North American natural gas and electricity markets, Vital market information and connectivity for participants around the world, Influence your intraday, real-time decision making, Benchmark & bespoke indices on a common platform, Broad content & delivery solutions to access global markets, Leverage proprietary data from ICE & NYSE, Events, webinars, strategic alliances and business agreements, Identify opportunities, make informed decisions, execute quickly, Manage risk, measure effectiveness, achieve compliance, Technology and integration tools for efficient data management, Go behind the scenes of the most fascinating workplaces, Interviews from business leaders' home offices, Conversation with C-suite executives from Fortune's Most Powerful Women Summit, Go behind the historic façade of the NYSE and inside the global financial marketplace, Business insights from our listed companies, Hear from the C-Suite as they discuss the energy transition, One tenth of one cent ($0.001) per barrel, Options are average priced and will be automatically exercised into The USGC HSFO (Platts) Average Price Option is based on the ]: Subscribe for a year or order a 1-month trial. Singapore VLSFO 0.5% Price Today USD/MT, Live & Historical Price Charts Data courtesy of S&P Global Platts Get quick access to tools and premium content, or customize a portfolio and set alerts to follow the market. Latest Prices, VLSFO Fuel Oil, IMO2020 Grade, 0.5%S. European HSFO values near 2019 prices, bucking expectations Sep 8 The spread between physical prices for 3.5%S FOB Rotterdam barges in 2019 and 2020 reached as close as $4/mt year on year on Sept. 1, assessed at $257/mt, before the spread widened again. Stream live futures and options market data directly from CME Group. settlement price of the option. Evolution of Platts USGC fuel oil price assessment What is USGC HSFO? Market Interrupted: Price War & COVID-19 Nudge IMO 2020 to the Back Burner. The future cost of 3.5% HSFO could go as low as $220/mt. The only markets left for 3.5% HSFO are power generation, which currently uses LNG and coal (approx. the USGC HSFO (Platts) Future on the expiry day if they are any other day or in any other circumstances than the Last Trading exercise into the USGC HSFO (Platts) Future (RBO) on the day of issues. Overall, HSFO could account for 20% of global marine fuel demand by … Modern Slavery Act Transparency Statement. Manage the risk associated with renewable energies, environmental change and sustainable investments. Click here. trade. The HSFO have a … The answer is no. Request Access Now. But have bunker fuels been forgotten? Thursday’s price of $311.50/mt is the lowest the key benchmark has been since August 31, 2017. Disclaimer  |  Privacy Policy  |  Cookie Policy  |  Terms of Use  |  Data Terms of Use  |  Modern Slavery Act Transparency Statement  |  Report a Security Concern. contracts. Notes: Weekly, monthly, and annual prices are calculated by EIA from daily data by taking an unweighted average of the daily closing spot prices for a given product over the specified time period. Gulf Coast HSFO. Given the current price differential between 3.5% and 0.5% sulfur marine fuel, the Platts Cape T4 index implies that the earnings spread on Nov. 1 is $4,943 per day to the advantage of scrubber-equipped Capesizes. Evaluate your margin requirements using our interactive margin calculator. GULF COAST HSFO (PLATTS) FUTURES - QUOTES Globex. The growing price differential between 380 HSFO and VLSFO makes scrubbers more attractive again. Members who are short premium-paid-upfront options will The 380 HSFO index rose from 290.85 to 296.10 USD/ MT (+5.25 USD), VLSFO added 9.00 USD globally: from 335 to 344 USD / MT, while MGO gained only 2.81 USD: from 402.46 up to 405.27 USD / MT. Global HSFO prices hit two-year lows this month as IMO 2020 rule is nearing. 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