Mintec launches China Delivered Sunflower Oil and Rapeseed Oil Mintec Benchmark Prices

All Market Notes 26 September 2023

Following a period of market feedback, Mintec has launched weekly Mintec Benchmark Prices (MBP) for Sunflower Oil and Rapeseed Oil CIF China.

The initial proposal to launch these assessments was announced in a market note published on 25th August 2023 which can be found here. The decision to go ahead with the launch was communicated in a market note on 12th September 2023, which can be found here.

The specifications for these assessments are as below:

 

The assessments reflect the transactable value at 16:00:00 London time.

China is one of the largest global importers of vegetable oils including sunflower oil and rapeseed oil. The assessments allow Mintec subscribers to monitor prices for one of the world’s largest importers and provides a more granular look at the global vegetable oil markets.

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.