Asian exchanges jostle to claim LNG derivatives market
SGX and Platts hope to capitalise on physical hedgers, who remain pensive

Asian commodity exchanges are showing increasing interest in the market for the region’s liquefied natural gas (LNG) derivatives, with several product launches in the offing in coming months. But opinions are split as to whether this potentially huge derivatives market is ready to take off.
Indeed, volumes in derivatives linked to S&P Global Platts’ Japan-Korea Marker (JKM) cleared on Atlanta-based Ice have surged in recent months. According to a March snapshot from Platts, 12,717 lots of JKM
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