A newly launched Baltic Exchange LPG rate assessment has been used for a freight derivatives contract.
The Baltic, which is controlled by the Singapore Exchange, said the BLPG was traded by Gunvor and Vilma and cleared by CME Group on 28 April.
Baltic Exchange’s BLPG3 from US to Japan used by traders Gunvor and Vilma
A newly launched Baltic Exchange LPG rate assessment has been used for a freight derivatives contract.
The Baltic, which is controlled by the Singapore Exchange, said the BLPG was traded by Gunvor and Vilma and cleared by CME Group on 28 April.