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CME To Roll Out API6 Coal Futures

CME Group’s New York Mercantile Exchange will roll out API 6 coal swap futures.

CME Group’s New York Mercantile Exchange will roll out API 6 coal swap futures. The new product will help expand risk management and trading opportunities for thermal coal in Asia-Pacific.

The new swap futures will be available for trading through CME ClearPort on September 12. The futures will be based on the API 6 index, an Australian coal export benchmark published by Argus Media and IHS McCloskey.

Click here for the release from PR Newswire.

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