CME Group to Launch Four South Asia Soyoil and Palm Oil Futures on Fastmarkets Indices
CME Group will introduce four cash-settled South Asia edible oil futures on March 2, 2026, comprising two outright and two spread contracts tied to Fastmarkets Soyoil CFR India and Crude Palm Oil CFR West Coast India indices. South Asia represents 45% of soyoil and 30% of palm oil trade.
1. New Futures Contracts Launched
CME Group will list four cash-settled South Asia edible oil futures on March 2, 2026, including two outright and two spread contracts. These products will reference Fastmarkets Soyoil CFR India and Crude Palm Oil CFR West Coast India assessments and will trade under CBOT rules.
2. South Asia Market Significance
South Asia accounts for 45% of global soyoil imports and 30% of palm oil trade, making it the world’s largest edible oil importer. The new contracts will enhance price discovery, enable basis hedging and allow participants to trade spreads between oils.
3. CME Agricultural Volume Performance
CME Group achieved record agricultural average daily volume of 1.9 million contracts in 2025, including 293,000 soybean futures and 182,000 soybean oil futures. The South Asia launch is expected to bolster CME’s presence in Asia-focused agricultural markets.