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Singapore Exchange will stop publishing its Sling LNG spot price indices after low participation, ending hopes of making Singapore Asia's main LNG pricing hub. The indices will run until October 31 and the related futures and swaps were delisted from July 29.
SGX will refocus on LNG shipping through its Baltic Exchange unit.
The shift leaves S&P Global Platts' JKM as the main Asian LNG benchmark, a structural market development with little direct effect on feed grain prices.
sg.finance.yahoo.comJessica JaganathanJul 30, 2019Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
