Assessment Rationale for Mintec Benchmark Prices for Strawberry IQF Medium FOB Gulf Coast United States (MBP) [USSMG]

31 July 2024 | Expana Benchmark Prices for Strawberry IQF Medium FOB Gulf Coast United States (USSMG) | Assessment Price $0.93/lb | Change -$0.07/lb

Expana assessed its Expana Benchmark Prices for Strawberry IQF Medium FOB Gulf Coast United States at $0.93/lb, down 7 cents on the month. According to market participants, more inventory has entered the market from the pacific northwest leading to a healthy supply as well as lower quality coming out of Mexico and therefore, resulting in lower prices. No data was excluded from the assessment.

Previous Assessment Rationales

Expana assessed its Expana Benchmark Prices for Strawberry IQF Medium FOB Gulf Coast United States at $1.00/lb, up 3 cents on the month. According to market participants, Mexican product has seen quality dampen, resulting in lower prices. No data was excluded from the assessment.

Mintec assessed its Mintec Benchmark Prices for Strawberry IQF Medium FOB Gulf Coast United States at $0.97/lb, unchanged on the month. Price point were heard in a wide range with market commentary noting little change to fundamentals amid muted trading. As a result, Mintec left the assessment unchanged as the market looks for direction. No data was excluded from the assessment.

Mintec assessed its Mintec Benchmark Prices for Strawberry IQF Medium FOB Gulf Coast United States at $0.97/lb, unchanged on the month. Prices centered around $0.97/lb therefore, Mintec left the assessment unchanged. No data was excluded from the assessment.

Mintec assessed its Mintec Benchmark Prices for Strawberry IQF Medium FOB Gulf Coast United States at $0.97/lb, down 7 cents on the month. Prices were heard to have weakened throughout February due to increased supplies, and Mintec moved the assessment down 7 cents based on competitive offers. No data was excluded from the assessment.

Mintec assessed its Mintec Benchmark Prices for Strawberry IQF Medium FOB Gulf Coast United States at $1.04/lb, down 3 cents on the month. Prices were heard to have weakened throughout January due to increased supplies, and Mintec moved the assessment down 3 cents based on competitive offers. No data was excluded from the assessment.

Mintec assessed its Mintec Benchmark Prices for Strawberry IQF Medium FOB Gulf Coast United States at $1.07/lb, up 3 cents on the month. Prices were heard to have strengthened throughout December, and Mintec moved the assessment 3 cents higher to reflect firming sentiment. No data was excluded from the assessment.

Mintec assessed its Mintec Benchmark Prices for Strawberry IQF Medium FOB Gulf Coast United States at $1.04/lb, down 1 cent on the month. A competitive offer was received at $1.05/lb, and in line with Mintec's published methodology the assessment was made one increment ($0.01/lb) below this level. No data was excluded from the assessment.

Mintec assessed its Mintec Benchmark Prices for Strawberry IQF Medium FOB Gulf Coast United States at $1.05/lb, up 5 cents on the month. Submitted price points rose on the month and the assessment was made higher as a result. No data was excluded from the assessment.

Assessment Rationale for Mintec Benchmark Prices for Strawberry IQF Medium FOB Gulf Coast United States (MBP) [USSMG]

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Assessment Rationale for Mintec Benchmark Prices for Strawberry IQF Medium FOB Gulf Coast United States (MBP) [USSMG]

NEW YORK • LONDON • PARIS • COPENHAGEN

NEW YORKLONDONPARISCOPENHAGEN

NEW YORK
LONDON
PARIS
COPENHAGEN