PanXchange is an award-winning OTC physical commodity trading platform that facilitates the transfer of natural resources that feed and fuel the world. Designed by a veteran Cargill trader, the software platform allows buyers and sellers to negotiate specific details of a trade, including the location and timing of delivery and the commodity’s exact quantity and quality. Based in Denver, the company has been live in East Africa for five years, offering the negotiation and trade of 30+ different agricultural commodities. In 2018, PanXchange launched the first-ever platform for the 125 million-ton proppant market (frac sand) in the U.S. and is now the de facto benchmark price provider. In January 2019, PanXchange launched the first suite of US industrial hemp benchmarks. We are now the leading benchmark price provider and offer the industry’s only institutional-grade trading platform for physical deal flow.
Colorado winterized crude oil market has transacted between $850 and $1,600/kilogram, while tolling arrangements continue to be a prominent deal structure with regard to initial extraction. The spread between non-winterized crude and winterized crude continues to narrow as winterization capacity increases throughout the country.
The Colorado CBD isolate market traded in the range of $2,000 to $4,000/kilogram in October, while the full spectrum distillate market has seemingly traded in parallel with isolate as distillation becomes more cost-effective. The Colorado full-spectrum distillate market transacted between $2,100 and $4,000/kilogram, while THC remediated, broad-spectrum distillate continued to garner a significant premium of approximately $1,000/kilogram.
Heavy rains pounding most parts of the country have delayed harvesting of maize in the North Rift, Kenya’s breadbasket, in what could worsen the national food security situation.
After years of falling crop prices, some farmers see a lifeline in hemp.Thanks to recent changes in federal legislation, hemp, while still minuscule as a share of U.S. agricultural production, may offer growers outsize profits compared with more traditional crops.
August 1, 2019 – PanXchange, a physical commodities OTC market structure solutions provider, today announced the launch of the industry’s first institutional‐grade industrial hemp exchange. The marketplace will allow producers, processors, trade houses and end‐users to participate in a transparent and efficient cash market for industrial hemp products and will ultimately pave the way for the creation of hemp derivatives contracts.
