Following a period of market feedback, Mintec has launched weekly Mintec Benchmark Prices (MBP) for Soybean and Rapeseed CPT Ukraine.
The initial proposal 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.
Ukraine is one of the world's most significant agricultural producers and exporters and plays a vital role in supplying oilseeds and vegetable oils to the global market. The assessments complement Mintec’s existing Ukranian oilseed coverage and provide independent benchmarks for two commonly traded products. 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.
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