Oil , Gas and EnergyWorld NEWS
ICE exchange to launch Platts-based ammonia derivates contract
![ICE exchange to launch Platts-based ammonia derivates contract 1 Newsdaily1](http://i0.wp.com/en.newsdailyarabic.com/wp-content/uploads/2022/05/Newsdaily1.png?resize=512%2C470&ssl=1)
ICE Futures Europe is to launch a new ammonia futures contract based on Platts weekly CFR Northwest Europe assessment, with a first trade date scheduled for Monday, Dec. 11, the exchange said Oct. 31. Platts, part of S&P Global Commodity Insights, last assessed the price at $640-$680/mt Oct. 26, up 6.67% week on week. “Ammonia is still primarily a fertilizer…ICE Futures Europe is to launch a new ammonia futures contract based on Platts weekly CFR Northwest Europe assessment, with a first trade date scheduled for Monday, Dec. 11, the exchange said Oct. 31. Platts, part of S&P Global Commodity Insights, last assessed the price at $640-$680/mt Oct. 26, up 6.67% week on week. “Ammonia is still primarily a fertilizer… Read More