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CME to launch new Black Sea wheat contract in June
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CME to launch new Black Sea wheat contract in June
May 25, 2025 9:05 PM

PARIS, April 29 (Reuters) - CME Group ( CME ) will

launch a new Black Sea wheat futures contract in June that will

track export prices in Romania and Bulgaria, the financial

markets operator said on Tuesday.

The new product, which is subject to regulatory approval,

will be linked to Argus Media's index of export prices for 12.5%

protein wheat in the "CVB" zone that comprises the Romanian port

of Constanta and the Bulgarian ports of Varna and Burgas, CME

said in a statement.

Trading will start on June 2, it said.

(Reporting by Sybille de La Hamaide, editing by Gus Trompiz)

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