Copying and distributing are prohibited without permission of the publisher
Nymex adds 12 swaps
13 May 2010
The New York Mercantile Exchange will launch eight petroleum swap futures on April 25. They are the Singapore Mogas 95 unleaded vs. Singapore Mogas 92 unleaded spread (Platts), European 3.5% fuel oil (Platts) cargoes FOB Med BALMO, Singapore fuel oil 180 cst (Platts) crack spread, East-west naphtha: Japan C&F vs. cargoes CIF NEW spread (Platts), European 1% fuel oil cargoes FOB Med (Platts), European 1% fuel oil cargoes FOB Med vs. European 1% fuel oil cargoes FOB NEW spread (Platts), Mont Belvieu ethylene (PCW) financial and Mont Belvieu ethylene (PCW) BALMO.
Read more:
Nymex
gasoil
energy
swaps
fuel oil
Platts
It will also launch four European biofuel swap futures on the same date. These
are the RME biodiesel (Argus) FOB Rdam vs. ICE gasoil spread, FAME 0 biodiesel
(Argus) FOB Rdam vs. ICE gasoil spread, Ethanol (Argus) T1 FOB Rdam excluding
duty and the Ethanol (Argus) T2 FOB Rdam including duty.