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RED UCOME China FOB Cargoes Netback NWE
This index provides an approximate value for the spot market of Used Cooking Oil Methyl Ester (UCOME) sold in China and is derived as a freight netback calculation from Northwest Europe. The index is calculated by deducting the freight rate of a 35-40kt chemical tanker travelling between China and Rotterdam from GX0011056 RED UCOME NWE FOB, and accounting for an anti-dumping duty of 21.6% as imposed by the European Commission.
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For detailed information on all available metadata and specifications, please visit GX Documentation.
- Commodity
- Biodiesel
- Trading Hub
- South East Asia
- Delivery Basis
- FOB Barges
- GX Code
- GX0022564
- Alias
- Currency
- USD / MT
- Frequency
- Daily
- Pricing Basis
- Flat
- Timezone
- Europe/London
- Index Module(s)
-
- AsiaBiofuels
- GlobalBiofuelsSelect
- Holiday Calendar
- Holidays_GX_Europe
- Columns Available
- Index
- Increment
- 0.25
- Status
- Live
- Start Date
- End Date
- (ongoing)
- Forward Curve
- No
- Num Items
- 1
- Periods
- 1,Prompt
Methodology
As published in the index methodology factsheet.
Assessment times
(1)
| Time | Details |
|---|---|
| 1630 | London Close |
Factsheet information
- Factsheet version
- 1.0
- Factsheet valid from
- Factsheet valid to
- (ongoing)