SGX to launch battery metals derivatives based on Fastmarkets price assessments

The Singapore Exchange (SGX) announced on Wednesday January 12 that it is looking to launch four battery raw material derivatives contracts based on Fastmarkets' prices in the first half of the year in an effort to provide new hedging instruments for market participants involved in energy transition.

These include contracts for cobalt metal, cobalt hydroxide, lithium carbonate and lithium hydroxide.

“The global awakening towards decarbonization and environmental, social and corporate governance initiatives have spurred the demand for...


Paul Lim

Carrie Shi

Zihao Li

January 12, 2022

12:01 GMT

Shanghai, Singapore