Mintec launches additional Palm Kernel & Palm Stearin assessments

All Market Notes 30 March 2023

Mintec has launched four additional new weekly Mintec Benchmark Prices (MBP) for palm oil fractions effective Thursday, March 30th, 2023.  

The initial proposal was communicated in a market note which can be found here. The decision to go ahead with the launch was communicated in a market note on March 15th, 2023, and can be found here. 

The assessments, including their specifications, are: 

The assessment reflects the transactable value at 16:00:00 London time.
Palm oil is one of the most widely used oils in the world, having both significant food and industrial applications. The launch of these new Mintec Benchmark Prices for palm oil fractions allows the comparison with other palm-based products, such as crude palm oil, and means the industry has access to independent price assessments and market information.

Please send any questions or comments about this market note to methodology@mintecglobal.com and clearly state which market note your comments relate to, and if the comments are intended for publication by Mintec.

Mintec will acknowledge receipt of all comments by email.