# UPDATE 1-Singapore to stop 'Sling' LNG indices, sheds hopes of main price hub

> 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.

- Date: 2019-07-30 · published 2019-07-30T12:00:00.000Z
- Category: market · region Asia · magnitude low
- Page: https://feedsoft.ai/events/58275-update-1-singapore-to-stop-sling-lng-indices-sheds-hopes-of-main-price-hub
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

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.

## Sources

- sg.finance.yahoo.com: https://sg.finance.yahoo.com/news/1-singapore-stop-sling-lng-041956163.html

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.