The Baltic Index Council has approved the live reporting of a derived forward curve for the 82K-5TC route.

A fixed differential will be applied to derive the 82K-5TC forward curve from the 74K-4TC forward curve.The fixed differential will be the average difference between the underlying indices, 74K-4TC and the 82K-5TC.
 
The differential for Q4 2019 will be calculated as the average difference for the period; 1 January 2018 to 30 September 2019.

The differential for the year 2020 onwards will be the average difference for the period; 1 January 2018 to 31 December 2019.
 
The Q4 differential has been calculated as $1,387.
    
The 82k-5TC forward curve is now live and available from the website, XML feed and daily PDF reports. Any feedback or questions should be directed to balticbroker@balticexchange.com