SINGAPORE: The Singapore Exchange launched on Monday its first ammonia swap and futures contracts aimed at meeting hedging needs from the power sector as interest in the energy- transition fuel grows.
The SGX Argus Ammonia Middle East free on board (FOB) and the East Asia Swap/Futures cost and freight (C&F) contracts start from October and they can be traded for up to 24 consecutive contract months, William Prajogo, SGX's commodities director told Reuters.
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