Marine Fuel 0.5% Futures – Now Live

Get ahead of the International Maritime Organization’s 2020 marine fuel regulation with NYMEX Marine Fuel 0.5% futures.

The cash-settled futures contracts allow you to hedge price risk in an increasingly volatile bunker market as markets grapple with changing dynamics relating to the new environmental regulations from 2020.

Key Benefits

  • Hedge price exposure to the 0.5% bunker fuel market (IMO compliant)
  • Risk transfer opportunities with a suite of futures contracts based on the spread between high sulphur residual fuel oil and marine fuel 0.5% futures
  • Global product offering covers all three major bunker ports:  Rotterdam, Singapore and Houston
  • Flexible, precise hedging choices available through a range of contract sizes
  • Margin offsets to Refined product and Crude Oil markets available on NYMEX
  • Full visibility of real-time block and trade data via CME Direct

Contract Codes

US Gulf Coast

CME Code

Product Description

Product Size

Block Minimum

Exchange Fees*

Cash Settlement Fees

H5F

USGC Marine Fuel 0.5% Barges (Platts) Futures

1,000 Barrels

10

$0.85 / $1.35

$0.10

UP5

USGC Marine Fuel 0.5% Barges (Platts) (mt) Futures

1,000 Metric Tons

5

$7.00/$9.00

$1.00

H5B

USGC Marine Fuel 0.5% Barges (Platts) BALMO Futures

1,000 Barrels

10

$0.85 / $1.35

$0.10

UPB

USGC Marine Fuel 0.5% Barges (Platts) (mt) BALMO Futures

1,000 Metric Tons

5

$7.00/$9.00

$1.00

H5G

USGC Marine Fuel 0.5% Barges (Platts) vs. Gulf Coast HSFO (Platts) Futures

1,000 Barrels

10

$0.85 / $1.35

$0.10

HGB

USGC Marine Fuel 0.5% Barges (Platts) vs. Gulf Coast HSFO (Platts) BALMO Futures

1,000 Barrels

10

$0.85 / $1.35

$0.10

UPM

USGC Marine Fuel 0.5% Barges (Platts) (mt) vs. European FOB Rdam Marine Fuel 0.5% Barges (Platts) Futures

1,000 Metric Tons

5

$7.00/$9.00

$1.00

BPU

USGC Marine Fuel 0.5% Barges (Platts) (mt) vs. European FOB Rdam Marine Fuel 0.5% Barges (Platts) BALMO Futures

1,000 Metric Tons

5

$7.00/$9.00

$1.00

Europe

CME Code

Product Description

Product Size

Block Minimum

Exchange Fees*

Cash Settlement Fees

R5F

European FOB Rdam Marine Fuel 0.5% Barges (Platts) Futures

1,000 Metric Tons

5

$7.00 / $9.00

$1.00

R5M

Mini European FOB Rdam Marine Fuel 0.5% Barges (Platts) Futures

100 Metric Tons

5

$0.80 / $1.00

$0.10

R5O

Micro European FOB Rdam Marine Fuel 0.5% Barges (Platts) Futures

10 Metric Tons

5

$0.25 / $0.30

$0.01

R5B

European FOB Rdam Marine Fuel 0.5% Barges (Platts) BALMO Futures

1,000 Metric Tons

5

$7.00 / $9.00

$1.00

RBM

Mini European FOB Rdam Marine Fuel 0.5% Barges (Platts) BALMO Futures

100 Metric Tons

5

$0.80 / $1.00

$0.10

R53

European FOB Rdam Marine Fuel 0.5% (Platts) vs. European 3.5% FOB Barges (Platts) Futures

1,000 Metric Tons

5

$7.00 / $9.00

$1.00

R5E

European FOB Rdam Marine Fuel 0.5% (Platts) vs. European 3.5% FOB Barges (Platts) BALMO Futures

1,000 Metric Tons

5

$7.00 / $9.00

$1.00

Singapore

CME Code

Product Description

Product Size

Block Minimum

Exchange Fees*

Cash Settlement Fees

S5F

Singapore FOB Marine Fuel 0.5% (Platts) Futures

1,000 Metric Tons

5

$7.00 / $9.00

$1.00

S5M

Mini Singapore FOB Marine Fuel 0.5% (Platts) Futures

100 Metric Tons

5

$0.80 / $1.00

$0.10

S5O

Micro Singapore FOB Marine Fuel 0.5% (Platts) Futures

10 Metric Tons

5

$0.25 / $0.30

$0.01

S5B

Singapore FOB Marine Fuel 0.5% (Platts) BALMO Futures

1,000 Metric Tons

5

$7.00 / $9.00

$1.00

SBM

Mini Singapore FOB Marine Fuel 0.5% (Platts) BALMO Futures

100 Metric Tons

5

$0.80 / $1.00

$0.10

S53

Singapore FOB Marine Fuel 0.5% (Platts) vs. Singapore 380 CST Fuel Oil (Platts) Futures

1,000 Metric Tons

5

$7.00 / $9.00

$1.00

International Arbs

CME Code

Product Description

Product Size

Block Minimum

Exchange Fees*

Cash Settlement Fees

SR5

Singapore FOB Marine Fuel 0.5% (Platts) vs. European FOB Rdam Marine Fuel 0.5% Barges (Platts)  Futures

1,000 Metric Tons

5

$7.00 / $9.00

$1.00

SRB

Singapore FOB Marine Fuel 0.5% (Platts) vs. European FOB Rdam Marine Fuel 0.5% Barges (Platts) BALMO Futures

1,000 Metric Tons

5

$7.00 / $9.00

$1.00

*member/non-member rates

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