ICE Gasoil Deliveries Drop to 46,100 Tons on February Expiry
February 10, 2012, 11:09 AM ESTBy Rupert Rowling
(Updates with details of low sulfur gasoil deliveries in third paragraph.)
Feb. 10 (Bloomberg) -- The amount of 0.1 percent sulfur gasoil to be delivered through the ICE Futures Europe exchange in February decreased to 46,100 metric tons, according to data from the Intercontinental Exchange Inc.
That compares with 167,000 tons in January and 194,000 tons in February last year. The contract expired today.
The number of deliveries for the low-sulfur gasoil contract dropped to 20,800 tons, compared with 93,400 tons in January. Last month was the first expiry of the new contract since it was created on Sept. 19 last year.
--Editors: Alessandro Vitelli, Rob Verdonck.
To contact the reporter on this story: Rupert Rowling in London at rrowling@bloomberg.net
To contact the editor responsible for this story: Raj Rajendran at rrajendran4@bloomberg.net
