Abaxx plans three cash-settled LNG futures, including a CNH contract
The 10 November announcement targets 16 November and specifies 10,000- and 2,500-MMBtu contracts.
The story explained
Abaxx announced on 10 November that its Singapore exchange plans to introduce three cash-settled LNG futures on 16 November 2026. The announcement sets out a launch plan and contract specifications, not current spot or futures quotations.
USD-denominated NPY and offshore-renminbi NPC each represent 10,000 MMBtu and settle against the physically delivered NPA contract. NPC converts the settlement price using the Bloomberg BFIX USD/CNH mid-rate at 14:00 Singapore time on the last trading day, rounded to CNH0.01.
The USD-denominated GMM mini contract represents 2,500 MMBtu and settles against GOM, one-quarter of that underlying contract’s size. MMBtu means million British thermal units. Financial settlement provides price-risk exposure rather than a physical LNG supply commitment or equipment procurement order.
Why it matters
Editorial analysis: Currency and size options allow finer risk management, with suitability depending on basis risk, exchange rates and post-launch liquidity.
Relevant toProject owners, EPC contractors and fluid-control suppliers
What to watch next
Watch for launch confirmation, final contract rules, traded volume and open interest.
These are research prompts, not announced tenders or confirmed subsequent developments.
Abaxx Technologies
Abaxx to Expand LNG Futures Suite with USD and CNH Financially-Settled Contracts on November 16, 2026
This is an independently written summary and analysis, not an official translation. Project plans and status may change.