- WORLD EDITIONAustraliaNorth AmericaWorld
Investing News NetworkYour trusted source for investing success
- Lithium Outlook
- Oil and Gas Outlook
- Gold Outlook Report
- Uranium Outlook
- Rare Earths Outlook
- All Outlook Reports
- Top Generative AI Stocks
- Top EV Stocks
- Biggest AI Companies
- Biggest Blockchain Stocks
- Biggest Cryptocurrency-mining Stocks
- Biggest Cybersecurity Companies
- Biggest Robotics Companies
- Biggest Social Media Companies
- Biggest Technology ETFs
- Artificial Intellgience ETFs
- Robotics ETFs
- Canadian Cryptocurrency ETFs
- Artificial Intelligence Outlook
- EV Outlook
- Cleantech Outlook
- Crypto Outlook
- Tech Outlook
- All Market Outlook Reports
- Cannabis Weekly Round-Up
- Top Alzheimer's Treatment Stocks
- Top Biotech Stocks
- Top Plant-based Food Stocks
- Biggest Cannabis Stocks
- Biggest Pharma Stocks
- Longevity Stocks to Watch
- Psychedelics Stocks to Watch
- Top Cobalt Stocks
- Small Biotech ETFs to Watch
- Top Life Science ETFs
- Biggest Pharmaceutical ETFs
- Life Science Outlook
- Biotech Outlook
- Cannabis Outlook
- Pharma Outlook
- Psychedelics Outlook
- All Market Outlook Reports
Singapore Exchange Considering Launch of Coking Coal Swaps
Platts reported that the Singapore Exchange has confirmed it is considering launching coking coal swaps. The exchange has not given any further details, but market sources told Platts that the swaps would be based off The Steel Index’s premium hard coking coal FOB Australia reference price.
Platts reported that the Singapore Exchange has confirmed it is considering launching coking coal swaps. The exchange has not given any further details, but market sources told Platts that the swaps would be based off The Steel Index’s premium hard coking coal FOB Australia reference price.
As quoted in the market news:
‘Market consultation indicates that an SGX-cleared coking coal product would be strongly complementary to SGX iron ore products,’ Srinidhi Udupi Raghavendra, SGX’s vice president (product management) derivatives, told Platts.
SGX hosts the world’s most liquid iron ore options and swaps contracts and currently markets its futures contract hosted on its SGXQuest electronic market.
‘With respect to specific [coking coal] contract details and market microstructure, SGX will be guided by client demand and market readiness, and keep the marketplace informed of any new developments in due course,’ he said.
Investing News Network websites or approved third-party tools use cookies. Please refer to the cookie policy for collected data, privacy and GDPR compliance. By continuing to browse the site, you agree to our use of cookies.