|
Date: Monday, January 4, 2010
| Re: |
February BAF Europe/South Africa, and South America Unchanged |
Please be advised of the following BAF levels for February 2010:
Europe, South Africa to USA |
| Based on IFO 380 Rotterdam rolling 3 month index average |
| Month |
Adjustment |
20' |
40' |
| Dec 2009 |
No change, remains at $173 per TEU |
$173 |
$346 |
| Jan 2010 |
No change, remains at $173 per TEU |
$173 |
$346 |
| Feb 2010 |
No change, remains at $173 per TEU |
$173 |
$346 |
South America to USA |
| Based on IFO 380 Houston rolling 3 month index average |
| Month |
Adjustment |
20' |
40' |
| Dec 2009 |
No change, remains at $177 per TEU |
$177 |
$354 |
| Jan 2010 |
No change, remains at $177 per TEU |
$177 |
$354 |
| Feb 2010 |
No change, remains at $177 per TEU |
$177 |
$354 |
Europe, South Africa, and South America BAF is based on either the IFO 380 Rotterdam or Houston indexes rolling three month averages and is adjusted when the average exceeds +/- 15%.
Daily monitoring of the IFO 380 Rotterdam and IFO 380 Houston can be found at bunkerworld.com Monthly monitoring at JF Hillebrand's website at www.jfhillebrand.com/US under BAF Information.
|
