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Abaxx to launch new financially-settled LNG futures contracts in USD and CNH on Nov 16, 2026

Market News
11 Nov 2026, 00:00 WIB
GlobeNewsWire
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Bullish
Abaxx to launch new financially-settled LNG futures contracts in USD and CNH on Nov 16, 2026

Abaxx Technologies announced it will expand its LNG futures suite by launching three new financially-settled contracts on November 16, 2026. These include North Pacific Asia contracts denominated in US dollars and offshore Chinese renminbi, plus a smaller US dollar-denominated Gulf of Mexico mini contract. These new contracts offer traders flexibility to hedge LNG price risks with financial settlement options, building on Abaxx's existing physically-deliverable LNG benchmarks. The introduction of CNH-denominated futures aims to bridge China’s domestic LNG market with international markets, supporting firms managing LNG exposure alongside renminbi currency flows.

Abaxx Technologies' LNG futures expansion is noted alongside a Pluang market breadth where 67 of 150 US stocks rose and 83 fell as of Nov 11, 2026 04:41 WIB. Among these, Canopy Growth Corp (CGC) traded at USD 0.59 with a 1-day change of -4.96% and a typical hold time of 40 days, FuelCell Energy Inc (FCEL) was priced at USD 10.30 with a -4.81% change and a 49-day hold time, while Lucid Group Inc (LCID) rose 4.44% to USD 3.76 with a 46-day hold time. Pluang order activity showed CGC at 0% Sell / 100% Buy, FCEL at 49% Sell / 51% Buy, and LCID at 54% Sell / 46% Buy.

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