Following CIF Large Cargoes assessments for both Propane and Butane in North West Europe, true to the General Index philosophy, our focus is on providing low-cost, high-quality LPG benchmarks that follow market-accepted methodologies enabling easy adoption.
Europe’s geographical position provides import and export opportunities to the US and Asia with its wide customer base including petrochemical producers, gasoline blenders and fuel distributors.
The GX European LPG module will benefit the following groups of market participants:
GX is also listed as a pricing option in the Propane NWE large cargo spot contract.
Market participants can choose GX to price their CIF large prices for trading 'ToTs'.
Key price assessments (see below)
Market insights - details of General Index pricing logic to maintain transparency and neutrality, framed by larger fundamental viewpoint of oil markets
Relevant swaps data
The data is published daily (subject to General Index holiday calendar) and made available to its subscribers via direct data feeds and emails to its customers. All prices are published in USD/MT.
Technical details can be found in the relevant factsheet.