Ice launches its first asia ethylene futures contracts to hedge key component in manufacturing of plastics and packaging

New york & london--(business wire)--intercontinental exchange, inc. (nyse:ice), a leading global provider of data, technology, and market infrastructure, today announced that it plans to launch its first ethylene futures contracts on december 13. designed for participants who need to manage their exposure to ethylene price risk from the u.s. gulf coast to asia, the two cash settled futures contracts are based on ethylene price assessments by icis. the icis cfr ne (northeast) asia ethylene asses
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