ICE exchange to launch Platts-based ammonia derivates contract

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