Circular 21/22 Change: BLPG Headline index calculation
Family: Gas
Index: BLPG
Change: BLPG Headline index calculation
The Baltic Exchange is changing the headline index for LPG. The BLPG Index is currently the average of BLPG1-TCE and BLPG3-TCE and from Monday 4th July it will include BLPG2-TCE. On that day and thereafter it will be the average of BLPG1-TCE, BLPG2-TCE, and BLPG3-TCE. As per circular Ref: CA/Gas/202202/4/N on 28th February 2022 the BLPG2 route (USG to Continent) commenced live reporting on 14th March 2022.
The Baltic Index Council has approved the change.
To access the BLPG headline Index and contributing TCEs please use the Baltic app.
If you have any questions or comments, please direct them to the Freight Team at balticbroker@balticexchange.com
Ref: CA/Gas/202206/21/N