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LPG FAR EAST FORWARD MARKET SUMMARY

Date : 8-Jun  
Time: 1730H  
                             
 OUTRIGHT                   [ 22+00 C3 ]                     [ 11+11 C3+C4 ]  
 1H JUL : N 685   / 690     N 685   / 695 N
 2H JUL : N 678   / 688 N   N 678   / 688 N
 1H AUG : N 674   / 684 N   N 674   / 684 N
 2H AUG : N 672   / 682 N   N 672   / 682 N
 1H SEP : N 671   / 681 N   N 671   / 681 N
 2H SEP : N 671   / 681 N   N 671   / 681 N
                             
 TIME SPREAD                 [ 22+00 C3 ]                     [ 11+11 C3+C4 ]  
 1H JUL/ 2H JUL : N 5   / 9 N   N 5   / 9 N
 2H JUL/ 1H AUG : N 2   / 6 N   N 2   / 6 N
 1H AUG/ 2H AUG : N 0   / 4 N   N 0   / 4 N
 2H AUG/ 1H SEP : N -1   / 3 N   N -1   / 3 N
 1H SEP/ 2H SEP : N -2   / 2 N   N -2   / 2 N
 2H SEP/ 1H OCT : N -4   / 0 N   N -4   / 0 N
"N" notional number  
 
"FORWARD" BID AND OFFER (AS PER FORWARD TERMS)  
BID 22+00 9-13 JUL at 685/FEI Jul Flat, 25/75%  
BID 11+11 +/-10% 2H JUN to1H JUL at 675 (Sing to Japan range)  
OFFER 22+00 1H JUL at 690    
OFFER 22+00 2H JUL at FEI Jul +15 (BP GTC)     
 
"PHYSICAL" BID AND OFFER (NON FORWARD TERMS)  
BID 22+00 1H JUL at 685 (15/5 basis Chiba, Sing to China range, Buyer’s option to Korea/Japan at additional USD5, DES)
OFFER 22+00 1H JUL at 670/FEI Jul +25, 25/75% (BP GTC, DES)  
OFFER 11+11 +/-10% 2H JUN at 675/AMI Jul +20, 25%/75% (osbp China range basis Ningbo, DES)  
OFFER 11+11 +/-10% 1H JUL at 690 (DES)   
   
LPG DESK TEL: +65-6836-6063