LPG: ARGUS CFR Ningbo Index (propane and/or butane)

LPG: ARGUS CFR Ningbo Index (propane and/or butane)

The Argus CFR Ningbo Index (propane and/or butane)

China is now the world’s largest importer of LPG with a market that is expected to continue to grow. With LPG being imported from a range of suppliers, including the Middle East, the US, Australia and Africa, the Argus CFR Ningbo Index (ANI) provides a truly representative Chinese delivered import price.

Argus has also worked with the industry to develop appropriate terms and conditions for a standard supply contract, which can be used when negotiating deals to import LPG into a variety of Chinese ports. The contract can be accessed here.


Advantages of the Argus CFR Ningbo Index

China is now the world’s largest importer of LPG with a market that is expected to continue to grow. With LPG being imported from a range of suppliers, including the Middle East, the US, Australia and Africa, the Argus CFR Ningbo Index (ANI) provides a truly representative Chinese delivered import price.

Key features:

  • The Argus CFR Ningbo Index is based on 46,000t propane and/or butane refrigerated cargoes.
  • The index is based on a wide range of information, including bids and offers, transactions, informed market views and the performance of other related markets.
  • All bids, offers and deals to be included in the Argus CFR Ningbo Index are to conform to Argus CFR Ningbo contract terms.
  • The index assessment is for cargoes delivered to destination ports 25-40 days forward from the date of assessment.

Users of the Argus CFR Ningbo Index

Clients buy and sell LPG priced against the Argus CFR Ningbo Index, plus/minus a differential. The Argus CFR Ningbo Index is used by Chinese importers, trading firms and international producers selling on a delivered basis into China. Chinese importers will also resell LPG to Chinese wholesalers and retailers using the Argus CFR Ningbo Index.

LPG

Запрос информации

Мы будем рады предоставить вам дополнительную информацию. Argus публикует информацию и оказывает услуги участникам мирового рынка, поэтому нам необходимо передавать ваши персональные данные компаниям группы Argus и поставщикам услуг, находящимся как в Европейской экономической зоне (ЕЭЗ), так и вне ее. Мы обязуемся относиться к вашим данным с уважением и использовать их исключительно в соответствии с нашей Политикой в отношении обработки и защиты персональных данных. Просим вас заполнить прилагаемую форму.

Политика конфиденциальности..

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