The Argus LPG North Sea Index™ (ANSI™)
Overview
The Argus North Sea Index™ (ANSI™) price assessment is the monthly settlement basis for LPG throughout the European region. This monthly price index represents the freight-adjusted average of the Argus large cargo cif ARA price assessments for the last five trading days of the previous month.
Price assessment details
What are the advantages of the Argus North Sea Index™ (ANSI™) price assessment?
The ANSI price assessment is widely used in spot and term contracts throughout northwest Europe and reflects the huge, liquid market for large cargoes of LPG in Europe.
How is this assessment used?
The price assessment is also used extensively in central and eastern Europe by refiners and wholesalers, and by other participants in internationally traded LPG markets.
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Key price assessments
Argus prices are recognised by the market as trusted and reliable indicators of the real market value. Explore some of our most widely used and relevant price assessments.
