Argus Clean Freight Forward Curves Methodology Guide

This document is a methodology and specifications guide for Argus Clean Freight Forward Curves. It outlines the rationale behind the production of daily forward price curves, which represent the modeled current value of a forward delivery period rather than forecasts of future spot prices. The guide details the source data used in the calculation of forward curves, emphasizing the rigorous quality checks applied to both current and historical inputs. It describes the validation, oversight, and control frameworks in place to ensure the reliability of the forward curves. The document also discusses the consistency and adjustment processes, including the investigation of significant price changes. Additionally, it covers the ethics and compliance standards adhered to by Argus, including restrictions on staff trading and guidelines for maintaining editorial integrity. The guide concludes with information on the publishing schedule for the forward curves and the methodologies governing Argus price assessments.