CME Group announced that its new physically-delivered Ethanol futures and options are now available for trading. A total of five futures contracts traded on February 7, 2025, indicating early industry support for the new products. This launch expands CME Group's suite of renewable fuel offerings.
Peter Keavey, Global Head of Energy and Environmental Products at CME Group, stated that Ethanol is an increasingly important component of the transportation fuel mix. The physically-delivered futures, with enhanced specifications, will allow gasoline blenders and other commercial users to hedge their price exposure. This helps manage the differential between other refined products.
Ethanol futures are sized at 42,000 gallons, aligning with CME Group's benchmark RBOB Gasoline futures and NY ULSD Heating Oil futures. Denatured Ethanol futures and options are listed by and subject to the rules of NYMEX. This product provides flexibility to market participants through various delivery options.
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