A CFD is a financial derivative that allows traders to speculate on the price movement of an asset without owning it. The trader enters into a contract with a broker, agreeing to exchange the difference in the asset's price from the time the contract is opened to when it is closed.
												
											 
											
												
The Sing 92 contract is a commodity CFD (Contract for Difference) in the Gasoline group that represents the outright price of Singapore Mogas 92 Unleaded.
Contract Purpose
This outright contract allows market participants to:
- Gain direct exposure to the price of Singapore Mogas 92 Unleaded
 
- Hedge against price fluctuations in the Asian gasoline market
 
- Speculate on the future price direction of 92 RON gasoline in Singapore
 
Market Significance
- Benchmark Status: Serves as a key reference for gasoline pricing in the Asia-Pacific region
 
- Regional Indicator: Provides insights into supply and demand dynamics for gasoline in the Singapore market
 
- Refining Economics: Reflects the value of a crucial refined product in the Asian oil market
 
Trading Benefits
- Price Discovery: Offers a transparent mechanism for determining the price of Singapore Mogas 92 Unleaded
 
- Risk Management: Allows hedging against price volatility in the Asian gasoline market
 
- Market Access: Provides exposure to one of Asia’s key gasoline benchmarks
 
This contract is particularly valuable for refineries, trading houses, and financial institutions active in the Asian gasoline market. It offers a tool for managing price risks and implementing trading strategies related to 92 RON gasoline in Singapore.