The Shanghai International Energy Exchange (INE) on Thursday (26 November) signed an agreement with Petro China International Co Ltd for the overseas delivery for its low Sulphur fuel oil (LSFO) futures contract, reportes Reuters.
About the Partnership“The partnership is a consensus on a first overseas delivery for the bunker fuel as an important foundation towards China’s futures delivery going global”, said the INE.
This would be the first time a Chinese futures contract would be deliverable...
https://mfame.guru/shanghai-ine-considers-singapore-for-lsfo-futures-overseas-delivery/