# Debut for Black Sea wheat derivatives contract — Arabian Post

> A Black Sea wheat derivatives contract debuted, with the first over-the-counter swap settled against the S&P Global Platts Black Sea wheat benchmark and priced at $188 a tonne. The article notes the French Matif wheat contract traded near €174 a tonne the same week.

- Date: 2017-03-15 · published 2017-03-15T12:00:00.000Z
- Category: market · region Black Sea · magnitude low
- Page: https://feedsoft.ai/events/71843-debut-for-black-sea-wheat-derivatives-contract-arabian-post
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

A regional wheat derivative gives Black Sea exporters a hedging alternative to CME and Matif, which may shift how regional wheat is priced over time but has no immediate supply effect.

## Read by commodity

- WHEAT: neutral

## Sources

- thearabianpost.com: https://thearabianpost.com/debut-for-black-sea-wheat-derivatives-contract/

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