Singapore Exchange has said it will introduce a future on robusta coffee, physically delivered in Vietnam, if its members do not object to a change in its clearing rules that would permit the launch.
The futures will be traded at SGX’s subsidiary the Singapore Commodity Exchange. Sicom offered coffee futures once before, in 1994, but they failed to catch on.
In relisting the commodity, SGX is echoing its move in February, when it reintroduced a fuel oil future after abandoning a similar contract a few years...