Argus includes ARA SAF prices on its price discovery platform

In the UK, Argus has extended its Argus Open Markets (AOM) real-time electronic price discovery platform to sustainable aviation fuel (SAF) prices from the Amsterdam-Rotterdam-Antwerp (ARA) hub in Europe.

SAF trade at the key ARA hub is growing quickly as stricter emissions reduction targets around the world drive rising aviation demand for this fuel, which can be blended with traditional jet fuel.

The AOM platform offers real-time price transparency daily between 4pm and 4:30pm London time for HEFA-SPK (hydrotreated esters and fatty acids synthesised paraffinic kerosene) SAF markets in Europe, and enables registered market participants to post bids and offers, and to initiate trades for this product.

The launch of SAF ARA on AOM on April 11 saw offers posted on the first day, and lively activity followed in the second session. Five trades have since been initiated.