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Platts assesses 180 and 380 centistoke fuel oil traded in south and eastern China. Platts' 180 CST assessments reflect fuel oil traded in southern China's port of Huangpu, and eastern China's ports of Shanghai and Qingdao. Platts' 380 CST assessment reflects deliveries on a C+F basis into all main ports in southern China from Zhuhai to Xiamen. Precise specifications for the grades of fuel oil assessed are detailed in the tables below. Platts assessments reflect fixed-price deals, floating transactions, bids and offers, and are published in Yuan/mt and US dollars/mt. Platts publishes both a fixed price assessment, and a differential to Mean of Platts Singapore 180CST fuel oil where applicable.

Platts plans to launch its assessments for Shanghai and Qingdao on July 5, 2004.

All Platts' China fuel oil assessments reflect trading activity up to 5:30pm China Standard Time. Singapore and China are in the same time zone. All assessments reflect end-of-day values, and are based on Platts' Market-On-Close methodology for all Asia oil products. For more information on Market On Close methodology, see the section "Platts guidelines for Global Alert page 190 trading activity", in "Asia Products Specifications," located on the "Methodologies and Specifications" section of the Platts website, www.platts.com.

latts' ship-to-ship (STS) Huangpu 180 CST, 3.5% sulfur assessment reflects barges of 1,000-5,000 mt for loading ex-ship 3-8 days forward from the day of assessment.

Platts' FOB Huangpu 180 CST, 3.5% sulfur assessments reflect barges of 1,000-5,000 mt loading 3-8 days forward from the day of assessment.

Platts' C+F Huangpu 180 CST, 3.5% sulfur assessment reflects cargoes of 20,000-40,000 mt for delivery 15-35 days forward from the day of assessment.

Platts C+F Huangpu 180 CST, 2.5% sulfur assessment, also known as medium sulfur fuel oil (MSFO), reflects cargoes of 20,000-40,000 mt for delivery 15-35 days forward from the day of assessment.

Platts' FOB Shanghai 180 CST, 3.5% and 1.5% sulfur assessments reflect barges of 300-700 mt loading 3-8 days forward from the day of assessment.

Platts' FOB Qingdao 180 CST, 1.5% sulfur assessments reflect barges of 5,000-20,000 mt loading 3-8 days forward from the day of assessment.

Platts' C+F Shanghai 180 CST, 3.5% and 1.5% sulfur assessment reflects cargoes of 15,000-30,000 mt for delivery 15-35 days forward from the day of assessment.

Platts' C+F Qingdao 180 CST, 1.5% sulfur assessment reflects cargoes of 15,000-30,000 mt for delivery 15-35 days forward from the day of assessment.

Platts assesses 380 CST 3.5% sulfur cargoes C+F main ports in southern China, including Huangpu and Shenzhen. The assessments reflect cargoes of around 30,000mt for delivery 15-35 days forward.

Platts STS Huangpu, FOB Huangpu (in Yuan) FOB Shanghai (in yuan) and FOB Qingdao (in yuan) assessments include value-added tax, import tax, inspection fees and license fees. FOB and C+F Huangpu (in dollars) assessments do not include taxes and fees. FOB Shanghai (in US dollars) and FOB Qingdao (in US dollars) do not include taxes and fees.
Unless requirements are otherwise stated by either participant before Platts assessment window, buyer shall open an irrevocable standby letter of credit or banker's guarantee from a first class bank in form and substance acceptable to seller and valid for a minimum duration of thirty days from the date of loading. The letter of credit or banker's guarantee shall be open for an amount of at least 105% of the estimated purchase value.

Cracked Sulfur max: 3.5% Kinematic viscosity max 180CST Specific gravity at 15 C kg/l max 0.98 Flash point min 66 deg C Pour point max 24 deg C Ash on weight basis max 0.10% Water by distillation volume max 0.50% Total existent sediment 0.10% Vanadium max 150 ppm Sodium max 100 ppm Aluminum and silicon max 80 ppm with Al not exceeding 30 ppm Flash point min 66 deg C Pour point max 24 deg C Ash on weight basis max 0.10% Water by distillation volume max 1% Total existent sediment 0.10% Vanadium max 150 ppm Sodium 100 ppm Aluminum and silicon max 80 ppm with Al not exceeding 30 ppm
180 CENTISTOKE,1.5% SULFUR    

Flash point min 66 deg C Pour point max 24 deg C Ash on weight basis max 0.10%
Straight-run Water by distillation volume max 2%Sulfur max: 2.5% Total existent sediment 0.10%Kinematic viscosity max 180CST Vanadium max 50 ppmSpecific gravity at 15 C kg/l max 0.98 Sodium 50 ppm

Straight-run
Sulfur max: 2.5%
Kinematic viscosity max 180CST
Specific gravity at 15 C kg/l max 0.98

Heavy Fuel Oil / MAZUT M100

GOST 10585/75

 

 COMPONENT

 

 RESULT

1.

Ash content, not more %

 

0,14

2.

Mass fraction of sulphur, not more %     

low  sulphur  residual  oil 

0,5

3.

Temperature of the flash, not less oC     

in the closed crucible

 

 

 

In the open crucible oC

110 min

4.

The temperature of solidification, not higher oC

 

25

5.

Kinematics viscosity

 

118 max

6.

Water content

 

0.5%

7.

Mechanical impurities

 

Lower than 0.1%

8.

Acidity

 

Lower than 5 mg KOH/ 100ml

9.

Alkalinity

 

nil

10.

Gross Calorific Value Kcal/kg / KJ/kg

 

Min9200/41300

11.

Density at 15.0 deg. C Kg/l

 

0.8900-0.9200

12.

Hydrogen Sulfide Content (H2S) pom

 

0.5 max

13.

Carbon Residual

 

Lower than 7%

14.

Vanadium (V) ppm

 

123

15.

Aluminium (Al) ppm

 

5

16.

Silikon (Si) ppm

 

12

17.

Nickel (Ni) ppm

 

49

18.

Asphaltenes m/m

 

3.6%

19.

Destilation @4 mm Hg Extracted to 760 mm Hg

 

 

 

 

Initial Boiling Point deg. C

216

 

 

5% recovered deg. C

259

 

 

10% recovered deg. C

310

FUEL SPECIFICATIONS
(ULTRA LOW SULFUR DIESEL)
MIN MAX
Gravity, deg. API D-287 30.0
Flash, P.M., deg. F. D-93  125
Sulfur %   D-2622     0.015
D-4294
Aromatic %  D-1319   35.0
Color D-1500   4.0
Cetane Number D-613 40.0
Or
Cetane Index   D-976  40.0
Haze Rating/Workmanship D-4176   2.0
Cloud Point deg. F.  D-2500   

ASTM

Pour point deg. F.  D-97   
Distillation D-86    540 640
90% Recovered deg. F.

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