Mintec has launched weekly Mintec Benchmark Prices (MBP) for Sunflower meal CIF China, effective from Friday, 30th June 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 16th June 2023, which can be found here.
The specification for the assessment will be as below:
The assessment will reflect the transactable value at 16:00:00 London time.
Sunflower meal is used in both food and animal feed, with China accounting for about 30% of global imports. The launch of this assessment will allow Mintec subscribers to monitor prices in one of the world's largest importers and provide a more granular view of the global vegetable meal 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 comments are intended for publication by Mintec.
Mintec will acknowledge receipt of all comments by email.
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