CHICAGO and SINGAPORE, March 9, 2025/ PRNewswire/– CME Group, the world’s leading derivatives market, today revealed an overall of 100 agreements of the South Asia Crude Palm Oil (Fastmarkets) futures traded as a block in between Avere Commodities and Olam Agri, brokered by ICAP, on March 5, 2026. CME Group introduced its 4 brand-new South Asia edible oil futures agreements, which are readily available for trading, on March 2, 2026.
” We’re happy to see early market assistance for our brand-new South Asia edible oils futures agreements,” stated John Ricci, Handling Director and International Head of Agricultural Products, CME Group. “The addition of these agreements supplies South Asian market individuals with improved cost discovery and threat management abilities and will even more support their financial investment and hedging methods.”
” At Avere, our traders and management group are constantly checking out brand-new items and broadening the marketplaces in which we get involved,” stated Preston MacKenzie, Elder Trader, Veggie Oils, Avere Commodities. “CME Group’s exchange-cleared items that represent money markets are fantastic tools to contribute to our portfolio.”
” Being the biggest carriers of veggie oils to India, we accept the addition of another tool to enhance our hedging methods,” stated Rix Hufman, Elder Tropical Oils Trader at Olam Agri.
” We’re happy to be the very first company to broker this brand-new item,” stated James Mckay, Co-Head, APAC Ags, Softs & & Biofuels at ICAP. “It’s a crucial initial step in establishing brand-new and ingenious methods for our clients to handle their threat in these unpredictable and ever-changing markets.”
The 4 brand-new cash-settled items introduced on March 2, 2026 consist of 2 straight-out agreements and 2 spread agreements that are based upon the Fastmarkets Soyoil CFR India and Crude Palm Oil CFR West Coast India evaluations:
To learn more on these items, please check out http://www.cmegroup.com/south-asia.
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SOURCE CME Group