Singapore Exchange eyes battery metals contracts to tap EV boom

Singapore Exchange eyes battery metals contracts to tap EV boom

The Edge Markets - Automotive·2021-05-19 15:02

(May 19): The Singapore Exchange is eyeing introducing contracts for battery metals amid a surge in demand for raw materials crucial to power electric vehicles.

EV metals contracts were “definitely something that we are looking at” as the bourse continues to assesses the market, according to Cheong Jin Yu, director of commodities at the SGX, without providing details on any timetable or specific materials.

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