Mintec has launched IQF Blueberry monthly Mintec Benchmark Prices (MBP) assessments effective Friday, June 30th, 2023.
The initial proposal was announced in a market note published on May 30th, 2023, and can be viewed here. The decision to go ahead with the launch was communicated in a market note on June 14th, 2023, and can be found here.
The assessments, including their specifications, are:
The new assessments reflect the transactable value on the last business day of each month at 16:00:00 US Eastern time.
These Mintec Benchmark Prices address the lack of transparency in the US frozen and processed fruit industry as US frozen fruit sales reached $1.5 billion in 2021/22. These MBP will aid industry participants to reliably, and independently, benchmark their transactions for the first time.
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 comments are intended for publication by Mintec.
Mintec will acknowledge receipt of all comments by email.
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