The amount of 0.1 percent sulfur gasoil to be delivered through the ICE Futures Europe exchange in April decreased to 71,800 metric tons, according to data on Intercontinental Exchange Inc.’s website.
That compares with 100,100 tons in March and 153,500 tons in April last year. The contract expired today at midday London time at $997.50 a ton.
The number of deliveries for low-sulfur gasoil rose to 30,000 tons, compared with 14,800 tons in March. That’s the fourth expiry of the new contract and the largest delivery since it started trading last year.