{"id":90502,"date":"2026-06-09T13:59:15","date_gmt":"2026-06-09T05:59:15","guid":{"rendered":"https:\/\/www.kgieworld.sg\/research\/?p=90502"},"modified":"2026-06-09T18:15:27","modified_gmt":"2026-06-09T10:15:27","slug":"9-june-2026-futures-product-updates","status":"publish","type":"post","link":"https:\/\/www.kgieworld.sg\/research\/9-june-2026-futures-product-updates\/","title":{"rendered":"9 June 2026: Futures Product Updates"},"content":{"rendered":"\t\t
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SGX FUTURES PRODUCT UPDATES<\/h6>\t\t\t\t<\/div>\n\t\t\t\t
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KGI Weekly Futures Update \u2013 9 June<\/h1>\t\t\t\t<\/div>\n\t\t\t\t
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IRON ORE<\/a><\/span> \u00a0|\u00a0 PANAMAX<\/a><\/span> \u00a0|\u00a0 RUBBER<\/a><\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t

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SGX TSI Iron Ore CFR China (62% Fe Fines) Index Futures<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t
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Net Long \/ Short & Price Comparison<\/h5>\t\t\t\t<\/div>\n\t\t\t\t
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We highlight the key price levels at which each participant switches between net long and net short, based on 2025 data.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t

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PARTICIPANT<\/th>NET LONG<\/th>NET SHORT<\/th><\/tr><\/thead>
Financial Institution (FI)<\/td>Below US$108\/mt<\/td>N\/A<\/td><\/tr>
Managed Money (MM)<\/td>Above US$101\/mt<\/td>Below US$101\/mt<\/td><\/tr>
Physicals<\/td>Below US$100\/mt<\/td>Above US$101\/mt<\/td><\/tr>
Others<\/td>N\/A<\/td>Below US$108\/mt<\/td><\/tr><\/tbody><\/table><\/div>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t
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Net Position WoW Change<\/h5>\t\t\t\t<\/div>\n\t\t
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FI<\/h6>\t\t\t\t<\/div>\n\t\t\t\t
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Decrease after previous week incline.<\/div>\t\t\t
\n\t\t\t\t\u2212<\/span>\n\t\t\t\t0<\/span>\n\t\t\t\t<\/span>\n\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t
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MM<\/h6>\t\t\t\t<\/div>\n\t\t\t\t
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Decrease for two consecutive weeks. <\/div>\t\t\t
\n\t\t\t\t\u2212<\/span>\n\t\t\t\t0<\/span>\n\t\t\t\t<\/span>\n\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t
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PHYSICALS<\/h6>\t\t\t\t<\/div>\n\t\t\t\t
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Increase for two consecutive weeks. <\/div>\t\t\t
\n\t\t\t\t+<\/span>\n\t\t\t\t0<\/span>\n\t\t\t\t<\/span>\n\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t
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OTHERS<\/h6>\t\t\t\t<\/div>\n\t\t\t\t
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Increase for two consecutive weeks.<\/div>\t\t\t
\n\t\t\t\t+<\/span>\n\t\t\t\t0<\/span>\n\t\t\t\t<\/span>\n\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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Figure 1:<\/strong> Net-positions by participant segment and price comparison\u00a0 |\u00a0 Source: SGX, KGI Research<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t

\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\"\"\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t
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Long \/ Short Traders Snapshot\u200b\u200b<\/h6>\t\t\t\t<\/div>\n\t\t\t\t
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Managed Money<\/h3>\t\t\t\t<\/div>\n\t\t\t\t
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The number of MM with long positions fell for two consecutive weeks to 486. Accordingly, the number f MM with short positions fell to 155 after increasing for two consecutive weeks. Seasonally, more MMs are prone to long in 1HQ4 and 2HQ2, and there are more MMs with short positions in 1HQ2 and 1HQ3.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t

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\n\n\n\n\n\n\n\n
<\/th>\n2025<\/th>\n2024<\/th>\n<\/tr>\n
<\/th>\nLong<\/th>\nShort<\/th>\nLong<\/th>\nShort<\/th>\n<\/tr>\n<\/thead>\n
High<\/td>\n483<\/td>\n350<\/td>\n423<\/td>\n427<\/td>\n<\/tr>\n
Low<\/td>\n219<\/td>\n121<\/td>\n176<\/td>\n131<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t
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Figure 2:<\/strong> Number of position holders iron ore |\u00a0 Source: SGX, KGI Research<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t

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Physicals<\/h3>\t\t\t\t<\/div>\n\t\t\t\t
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The number of physicals with long positions increased for four consecutive weeks to 96. Accordingly, the number of physicals with short positions fell for two consecutive weeks to 117. Seasonally, more physicals are prone to being long in Q1, and there are more physicals with short positions in Q4.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t

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\n\n\n\n\n\n\n\n
<\/th>\n2025<\/th>\n2024<\/th>\n<\/tr>\n
<\/th>\nLong<\/th>\nShort<\/th>\nLong<\/th>\nShort<\/th>\n<\/tr>\n<\/thead>\n
High<\/td>\n131<\/td>\n163<\/td>\n135<\/td>\n145<\/td>\n<\/tr>\n
Low<\/td>\n90<\/td>\n128<\/td>\n77<\/td>\n107<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t
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Figure 3:<\/strong> Number of position holders iron ore\u00a0 |\u00a0 Source: SGX, KGI Research<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t

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Others<\/h3>\t\t\t\t<\/div>\n\t\t\t\t
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The number of others with long positions fell to 101 after last week\u2019s increase. The number of others with short positions decreased for two consecutive weeks to 68.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t

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\n\n\n\n\n\n\n\n
<\/th>\n2025<\/th>\n2024<\/th>\n<\/tr>\n
<\/th>\nLong<\/th>\nShort<\/th>\nLong<\/th>\nShort<\/th>\n<\/tr>\n<\/thead>\n
High<\/td>\n112<\/td>\n119<\/td>\n131<\/td>\n131<\/td>\n<\/tr>\n
Low<\/td>\n70<\/td>\n73<\/td>\n68<\/td>\n83<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t
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Figure 4:<\/strong> Number of position holders iron ore |\u00a0 Source: SGX, KGI Research<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t

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SGX Baltic Panamax Time Charter Average Futures<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t
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Net Long \/ Short & Price Comparison<\/h5>\t\t\t\t<\/div>\n\t\t\t\t
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We highlight the key price levels at which each participant switches between net long and net short, based on 2025 data.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t

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PARTICIPANT<\/th>NET LONG<\/th>NET SHORT<\/th><\/tr><\/thead>
Financial Institution (FI)<\/td>N\/A<\/td>N\/A<\/td><\/tr>
Managed Money (MM)<\/td>Above US$7,000\/day<\/td>Below US$11,000\/day<\/td><\/tr>
Physicals<\/td>Below US$11,000\/day<\/td>Above US$7,000\/day<\/td><\/tr>
Others<\/td>Below US$11,000\/day<\/td>Above US$7,000\/day<\/td><\/tr><\/tbody><\/table><\/div>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t
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Net Position WoW Change<\/h5>\t\t\t\t<\/div>\n\t\t
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FI<\/h6>\t\t\t\t<\/div>\n\t\t\t\t
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Decrease after increasing for two consecutive weeks.<\/div>\t\t\t
\n\t\t\t\t\u2212<\/span>\n\t\t\t\t0<\/span>\n\t\t\t\t<\/span>\n\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t
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MM<\/h6>\t\t\t\t<\/div>\n\t\t\t\t
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Increase after previous week\u2019s decline.<\/div>\t\t\t
\n\t\t\t\t+<\/span>\n\t\t\t\t0<\/span>\n\t\t\t\t<\/span>\n\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t
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PHYSICALS<\/h6>\t\t\t\t<\/div>\n\t\t\t\t
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Decrease after previous week\u2019s incline.<\/div>\t\t\t
\n\t\t\t\t\u2212<\/span>\n\t\t\t\t0<\/span>\n\t\t\t\t<\/span>\n\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t
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OTHERS<\/h6>\t\t\t\t<\/div>\n\t\t\t\t
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Increase for two consecutive weeks. <\/div>\t\t\t
\n\t\t\t\t+<\/span>\n\t\t\t\t0<\/span>\n\t\t\t\t<\/span>\n\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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Figure 5:<\/strong> Net-positions by participant segment and price comparison\u00a0 |\u00a0 Source: SGX, KGI Research<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t

\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\"\"\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t
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Long \/ Short Traders Snapshot\u200b\u200b<\/h6>\t\t\t\t<\/div>\n\t\t\t\t
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Managed Money<\/h3>\t\t\t\t<\/div>\n\t\t\t\t
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The number of MM with long positions decreased for two consecutive weeks to 53. Accordingly, the number of MM with short positions remained unchanged at 23 for two consecutive weeks. Seasonally, more MMs are prone to long in 1H, and there are more MMs with short positions in 2H.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t

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\u00a0<\/th>2025<\/th>2024<\/th><\/tr>
\u00a0<\/th>Long<\/th>Short<\/th>Long<\/th>Short<\/th><\/tr><\/thead>
High<\/td>48<\/td>50<\/td>47<\/td>51<\/td><\/tr>
Low<\/td>20<\/td>20<\/td>20<\/td>20<\/td><\/tr><\/tbody><\/table><\/div>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t
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Figure 6:<\/strong> Number of position holders freight futures |\u00a0 Source: SGX, KGI Research<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t

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Physicals<\/h3>\t\t\t\t<\/div>\n\t\t\t\t
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The number of physicals with long positions increased to 114 after previous week\u2019s decline. Accordingly, the number of physicals with short positions fell for two consecutive weeks to 109. The number of physicals has been on a general upward trend since 2Q24, while physicals with short positions generally saw a downtrend since 2Q24.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t

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\n\n\n\n\n\n\n\n
<\/th>\n2025<\/th>\n2024<\/th>\n<\/tr>\n
<\/th>\nLong<\/th>\nShort<\/th>\nLong<\/th>\nShort<\/th>\n<\/tr>\n<\/thead>\n
High<\/td>\n165<\/td>\n133<\/td>\n171<\/td>\n114<\/td>\n<\/tr>\n
Low<\/td>\n103<\/td>\n76<\/td>\n98<\/td>\n78<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t
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Figure 7:<\/strong> Number of position holders freight futures\u00a0 |\u00a0 Source: SGX, KGI Research<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t

\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\"\"\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t
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Others<\/h3>\t\t\t\t<\/div>\n\t\t\t\t
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The number of others with long positions fell to 20 after consolidating for two consecutive weeks. The number of others with short positions remained unchanged at 21.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t

\n\t\t\t\t\t\t\t\t\t
\n\n\n\n\n\n\n\n
<\/th>\n2024<\/th>\n2023<\/th>\n<\/tr>\n
<\/th>\nLong<\/th>\nShort<\/th>\nLong<\/th>\nShort<\/th>\n<\/tr>\n<\/thead>\n
High<\/td>\n26<\/td>\n28<\/td>\n43<\/td>\n39<\/td>\n<\/tr>\n
Low<\/td>\n20<\/td>\n20<\/td>\n20<\/td>\n20<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t
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Figure 8:<\/strong> Number of position holders freight futures\u00a0 |\u00a0 Source: SGX, KGI Research<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t

\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\"\"\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t
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SGX SICOM Rubber Futures \u2013 TSR20<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t
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\n\t\t\t\t
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Net Long \/ Short & Price Comparison<\/h5>\t\t\t\t<\/div>\n\t\t\t\t
\n\t\t\t\t\t\t\t\t\t

We highlight the key price levels at which each participant switches between net long and net short, based on 2025 data.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t

\n\t\t\t\t\t\t\t\t\t
PARTICPANT<\/th>NET LONG<\/th>NET SHORT<\/th><\/tr><\/thead>
Financial Institution (FI)<\/td>Below US$2.05\/kg<\/td>N\/A<\/td><\/tr>
Managed Money (MM)<\/td>Above US$1.70\/kg<\/td>Below US$1.70\/kg<\/td><\/tr>
Physicals<\/td>Below US$1.65\/kg<\/td>Above US$1.65\/kg<\/td><\/tr>
Others<\/td>Below US$2.05\/kg<\/td>N\/A<\/td><\/tr><\/tbody><\/table><\/div>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t
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Net Position WoW Change<\/h5>\t\t\t\t<\/div>\n\t\t
\n\t\t
\n\t\t\t\t
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FI<\/h6>\t\t\t\t<\/div>\n\t\t\t\t
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\n\t\t\t
Increase for five consecutive weeks.<\/div>\t\t\t
\n\t\t\t\t+<\/span>\n\t\t\t\t0<\/span>\n\t\t\t\t<\/span>\n\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t
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MM<\/h6>\t\t\t\t<\/div>\n\t\t\t\t
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\n\t\t\t
Increase after decreasing for two consecutive weeks.<\/div>\t\t\t
\n\t\t\t\t+<\/span>\n\t\t\t\t0<\/span>\n\t\t\t\t<\/span>\n\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t
\n\t\t\t\t
\n\t\t\t\t\t
PHYSICALS<\/h6>\t\t\t\t<\/div>\n\t\t\t\t
\n\t\t\t\t\t\t\t
\n\t\t\t
Decrease after increasing for two consecutive weeks.<\/div>\t\t\t
\n\t\t\t\t\u2212<\/span>\n\t\t\t\t0<\/span>\n\t\t\t\t<\/span>\n\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t
\n\t\t\t\t
\n\t\t\t\t\t
OTHERS<\/h6>\t\t\t\t<\/div>\n\t\t\t\t
\n\t\t\t\t\t\t\t
\n\t\t\t
Increase after decreasing for two consecutive weeks.<\/div>\t\t\t
\n\t\t\t\t+<\/span>\n\t\t\t\t0<\/span>\n\t\t\t\t<\/span>\n\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
\n\t\t\t\t\t\t\t\t\t

Figure 9:<\/strong> Net-positions by participant segment and price comparison\u00a0 |\u00a0 Source: SGX, KGI Research<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t

\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\"\"\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t
\n\t\t\t\t\t
\n\t\t
\n\t\t\t\t
\n\t\t\t\t\t
Long \/ Short Traders Snapshot\u200b\u200b<\/h6>\t\t\t\t<\/div>\n\t\t\t\t
\n\t\t\t\t\t

Managed Money<\/h3>\t\t\t\t<\/div>\n\t\t\t\t
\n\t\t\t\t\t\t\t\t\t

The number of MM with long positions remained unchanged at 124 after rising for the last two weeks. Accordingly, the number of MM with short positions increased for two consecutive weeks to 38.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t

\n\t\t\t\t\t\t\t\t\t
\n\n\n\n\n\n\n\n
<\/th>\n2025<\/th>\n2024<\/th>\n<\/tr>\n
<\/th>\nLong<\/th>\nShort<\/th>\nLong<\/th>\nShort<\/th>\n<\/tr>\n<\/thead>\n
High<\/td>\n106<\/td>\n91<\/td>\n114<\/td>\n56<\/td>\n<\/tr>\n
Low<\/td>\n38<\/td>\n26<\/td>\n63<\/td>\n21<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t
\n\t\t\t\t\t\t\t\t\t

Figure 10:<\/strong> Number of position holders rubber futures\u00a0 |\u00a0 Source: SGX, KGI Research<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t

\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\"\"\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t
\n\t\t\t\t
\n\t\t\t\t\t

Physicals<\/h3>\t\t\t\t<\/div>\n\t\t\t\t
\n\t\t\t\t\t\t\t\t\t

The number of physicals with long positions remained unchanged at 34 after previous week\u2019s incline. Accordingly, the number of physicals with short positions increased for three consecutive weeks to 49. Seasonally, more physicals are prone to long in early Q3, and there are more physicals with short positions in Q4.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t

\n\t\t\t\t\t\t\t\t\t
\n\n\n\n\n\n\n\n
<\/th>\n2025<\/th>\n2024<\/th>\n<\/tr>\n
<\/th>\nLong<\/th>\nShort<\/th>\nLong<\/th>\nShort<\/th>\n<\/tr>\n<\/thead>\n
High<\/td>\n50<\/td>\n41<\/td>\n39<\/td>\n48<\/td>\n<\/tr>\n
Low<\/td>\n31<\/td>\n23<\/td>\n26<\/td>\n28<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t
\n\t\t\t\t\t\t\t\t\t

Figure 11:<\/strong> Number of position holders rubber futures \u00a0|\u00a0 Source: SGX, KGI Research<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t

\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\"\"\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t
\n\t\t\t\t
\n\t\t\t\t\t

Others<\/h3>\t\t\t\t<\/div>\n\t\t\t\t
\n\t\t\t\t\t\t\t\t\t

The number of long holders remained unchanged at 59 after previous week\u2019s decline. Accordingly, the number of short holders fell to 41 after previous week\u2019s incline.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t

\n\t\t\t\t\t\t\t\t\t
\u00a0<\/th>2025<\/th>2024<\/th><\/tr>
\u00a0<\/th>Long<\/th>Short<\/th>Long<\/th>Short<\/th><\/tr><\/thead>
High<\/td>62<\/td>42<\/td>77<\/td>48<\/td><\/tr>
Low<\/td>41<\/td>27<\/td>48<\/td>26<\/td><\/tr><\/tbody><\/table><\/div>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t
\n\t\t\t\t\t\t\t\t\t

Figure 12:<\/strong> Number of position holders rubber futures \u00a0|\u00a0 Source: SGX, KGI Research<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t

\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\"\"\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
\n\t\t\t\t\t\t
\n\t\t\t\t\t
\n\t\t\t
\n\t\t\t\t\t\t
\n\t\t\t\t\t
Participant Categories<\/h5>\t\t\t\t<\/div>\n\t\t\t\t
\n\t\t\t\t\t\t\t\t\t

Source: SGX, KGI Research<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t

\n\t\t\t\t\t\t\t\t\t
CATEGORY<\/th>DESCRIPTION<\/th><\/tr><\/thead>
Financial Institutions<\/td>An entity, such as a broker trading desk, bank trading desk or swap dealer, that uses the futures markets to manage or hedge the risk.<\/td><\/tr>
Managed Money<\/td>An entity engaged in organised futures trading on behalf of funds or special investment vehicles \u2014 including pension funds, asset managers, hedge funds, proprietary trading groups and family offices.<\/td><\/tr>
Physicals<\/td>An entity that predominantly engages in the physical markets and uses futures to manage or hedge risks associated with production, processing, trading, packing, handling, transportation, warehousing or distribution of a physical commodity.<\/td><\/tr>
Others<\/td>Every other trader not placed into the other three categories. E.g., Broker Agency, Bank Agency, Inter-Dealer Brokers, etc.<\/td><\/tr><\/tbody><\/table><\/div>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"

SGX FUTURES PRODUCT UPDATES KGI Weekly Futures Update \u2013 9 June IRON ORE \u00a0|\u00a0 PANAMAX \u00a0|\u00a0 RUBBER SGX TSI Iron Ore CFR China (62% Fe Fines) Index Futures Net Long \/ Short & Price Comparison We highlight the key price levels at which each participant switches between net long and net short, based on 2025 […]<\/p>\n","protected":false},"author":17,"featured_media":22945,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"elementor_header_footer","format":"standard","meta":{"_eb_attr":"","_uag_custom_page_level_css":"","footnotes":""},"categories":[52],"tags":[],"class_list":["post-90502","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-futures-product-updates"],"aioseo_notices":[],"uagb_featured_image_src":{"full":["https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2023\/01\/Thumbnail-154.jpg?wsr",275,183,false],"thumbnail":["https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2023\/01\/Thumbnail-154-150x150.jpg?wsr",150,150,true],"medium":["https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2023\/01\/Thumbnail-154.jpg?wsr",275,183,false],"medium_large":["https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2023\/01\/Thumbnail-154.jpg?wsr",275,183,false],"large":["https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2023\/01\/Thumbnail-154.jpg?wsr",275,183,false],"1536x1536":["https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2023\/01\/Thumbnail-154.jpg?wsr",275,183,false],"2048x2048":["https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2023\/01\/Thumbnail-154.jpg?wsr",275,183,false]},"uagb_author_info":{"display_name":"Enya Tan","author_link":"https:\/\/www.kgieworld.sg\/research\/author\/enya-tankgi-com\/"},"uagb_comment_info":0,"uagb_excerpt":"SGX FUTURES PRODUCT UPDATES KGI Weekly Futures Update \u2013 9 June IRON ORE \u00a0|\u00a0 PANAMAX \u00a0|\u00a0 RUBBER SGX TSI Iron Ore CFR China (62% Fe Fines) Index Futures Net Long \/ Short & Price Comparison We highlight the key price levels at which each participant switches between net long and net short, based on 2025…","_links":{"self":[{"href":"https:\/\/www.kgieworld.sg\/research\/wp-json\/wp\/v2\/posts\/90502","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.kgieworld.sg\/research\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.kgieworld.sg\/research\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.kgieworld.sg\/research\/wp-json\/wp\/v2\/users\/17"}],"replies":[{"embeddable":true,"href":"https:\/\/www.kgieworld.sg\/research\/wp-json\/wp\/v2\/comments?post=90502"}],"version-history":[{"count":48,"href":"https:\/\/www.kgieworld.sg\/research\/wp-json\/wp\/v2\/posts\/90502\/revisions"}],"predecessor-version":[{"id":90682,"href":"https:\/\/www.kgieworld.sg\/research\/wp-json\/wp\/v2\/posts\/90502\/revisions\/90682"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.kgieworld.sg\/research\/wp-json\/wp\/v2\/media\/22945"}],"wp:attachment":[{"href":"https:\/\/www.kgieworld.sg\/research\/wp-json\/wp\/v2\/media?parent=90502"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.kgieworld.sg\/research\/wp-json\/wp\/v2\/categories?post=90502"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.kgieworld.sg\/research\/wp-json\/wp\/v2\/tags?post=90502"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}