Plastics futures to launch on DGCX

The region-specific contracts for the Middle East and South East Asia will be offered on Linear Low Density Polyethylene (LLDPE) and Polypropylene (PP).

DGCX CEO Malcolm Wall Morris says that recent price turbulence in the plastics market has spurred the launch of the two contracts. "Price volatility in recent months has put pressure on profitability across the plastics supply chain and downstream firms are looking for innovative ways to minimise this impact," he says.

The petrochemicals sector and its downstream industries are major drivers of economic growth in the Gulf region, according to Morris. "For the first time, plastic futures prices will incorporate local costs and regional demand-supply differences, enabling convergence of futures prices with those of the physical market," he says.

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Stemming the tide of rising FX settlement risk

As the trading of emerging markets currencies gathers pace and broader uncertainty sweeps across financial markets, CLS is exploring alternative services designed to mitigate settlement risk for the FX market

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here