
South Africa’s central bank postponed Jibar’s retirement by five months, to May 31, 2027, because legislation for contracts that cannot transition automatically to a replacement benchmark is not yet in force. The delay is intended to give firms and clearing houses more time to coordinate the transition and avoid market disruption.
The benchmark transition could affect financial-market pricing and operations, but the article identifies no direct feed-commodity supply or demand mechanism. Any impact on feed prices is indirect and unclear.
Not 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.