In the UK, global energy and commodity price reporting agency Argus said it has extended its Argus Open Markets (AOM) real-time electronic price discovery platform to sustainable aviation fuel prices from the Amsterdam-Rotterdam-Antwerp (ARA) hub in Europe. Argus noted that 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. Argus Media chairman and chief executive Adrian Binks said: “The European ARA region is a significant source of growth of sustainable aviation fuel refining, trading and consumption. We have worked closely with the industry to extend Argus Open Markets to SAF, which enables efficient and transparent price discovery and will help the market develop and fulfil its important role as airlines and their suppliers around the world adapt to the mandates driving the energy transition.”
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