Mintec Corrects 22 September 2022 Assessment Rationale for the J116 Unsalted Butter EU Mintec Benchmark Prices

All Market Notes 1 November 2022

Mintec has corrected the rationale for the Mintec Benchmark Prices for Butter unsalted EXW EU with the Mintec Code J116, for 22 September 2022.   

The correct rationale is as follows: 
 
22 September 2022 | Mintec Benchmark Prices for Butter unsalted 82% EXW Europe (J116) | Assessment Price €7,125/mt | Change -€175/mt 

Mintec assessed its Mintec Benchmark Prices for unsalted Butter 82% ex-works EU at €7,125/mt, down €175/mt from the previous assessment. Several trades were heard throughout the week, and Mintec assessed in line with the most recent trade on 22 September at €7,125/mt. No data were excluded from the assessment. 
  
This has been updated in the Mintec Analytics platform.   

Please send any questions or comments about this market note to methodology@mintecglobal.com.