The ARGUS North Sea Index (ANSI) price assessment
The Argus North Sea Index™ (ANSI™) price assessment is the monthly settlement basis for LPG throughout the European region. This monthly price index represents the freight-adjusted average of the Argus large cargo cif ARA price assessments for the last five trading days of the previous month.
Advantages of the ANSI price assessment
The ANSI price assessment is widely used in spot and term contracts throughout northwest Europe and reflects the huge, liquid market for large cargoes of LPG in Europe.
Users of the ANSI price assessment
The price assessment is also used extensively in central and eastern Europe by refiners and wholesalers, and by other participants in internationally traded LPG markets.